Financial
Distress signals
Property profile

111 Main St Hopkins, MI 49328

OFF-MARKET
Turn key restaurants
Property ID
US43-2321759
7,580 SF 0.46 ac lot
Last sale Apr 2022 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This expansive 7,580 square foot industrial building, located at 111 W Main Street in Hopkins, Michigan, presents a remarkable opportunity for a variety of commercial ventures. Situated on a 0.46-acre lot, this property offers significant flexibility for businesses seeking ample space. The building's generous size is ideal for a wide range of uses, from retail establishments and restaurants to warehousing and storage facilities. The asking price for the building is $350,000. This represents…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$148k
Assessed land$27k
Assessed improvement$121k
Effective rate2.96%

Value estimate

· Sep 2026
$105k
$95k – $116k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$75 – $190

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply9.5
Auto Repair Shop9.3
Auto Parts Store8.9

Location

111 Main St Hopkins, MI 49328-9575
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Main, Hopkins, MI 49328-9535 $160,000 Jan 2023 4,650 SF
2730 136th, Hopkins, MI 49328-9740 $250,000 Sep 2021 9,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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