Financial
Distress signals
Property profile

118 Maple St Wayland, MI 49348

OFF-MARKET
Retail space
Property ID
US43-2089104
940 SF 0.08 ac lot Built 1950
Last sale Jun 2025 · $120,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 940-square-foot industrial property, located at 118 W Maple in Wayland, Michigan, presents a fantastic opportunity for a small business or office space. Priced at $155,000, this versatile building sits on a 0.08-acre lot and offers significant potential for a variety of uses. Previously occupied by a dog grooming business, the space is ready for immediate occupancy and customization to suit your specific needs. The property's convenient Wayland location provides easy access

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?
$2k
Tax billed · 2023
Assessed value · 2024$31k
Assessed land$4k
Assessed improvement$28k
Effective rate5.39%

Value estimate

· Sep 2026
$120k
$108k – $132k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$127/SF
County average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$41 – $220

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.9
Law Firm10.2
Hair Salon9.5

Location

118 Maple St Wayland, MI 49348-1211
County assessor Recorded deeds · 4 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

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
133 Superior, Wayland, MI 49348-1137 $220,000 May 2025 6,200 SF
142 Main, Wayland, MI 49348-1209 $335,000 Aug 2023 6,820 SF
125 Main, Wayland, MI 49348-1208 $95,000 May 2023 1,750 SF
129 Superior, Wayland, MI 49348-1137 $275,000 Mar 2023 1,808 SF
122 Superior, Wayland, MI 49348-1217 $280,000 Feb 2023 2,944 SF
114 Pne, Wayland, MI 49348-1281 $75,000 Nov 2020 2,100 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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