Financial
Distress signals
Property profile

353 1st St Fennville, MI 49408

OFF-MARKET
Other warehouses
Property ID
US43-2375210
12,300 SF 1.28 ac lot Built 2020
Last sale Jan 2022 · $965,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A professionally managed storage facility that was recently built and consists of approximately 12,780 square feet of rentable storage space. The property is described as well-maintained and configured for ongoing leasing activity, with an occupancy level reported at approximately 76%. The facility has documented operating performance for 2024 and has operational history that indicates it can support continued lease-up and revenue growth. It is positioned in an area undergoing revitalization…

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?
$19k
Tax billed · 2023
Assessed value · 2024$361k
Assessed land$13k
Assessed improvement$348k
Effective rate5.31%

Value estimate

· Sep 2026
$925k
$833k – $1.02M
AI approach$1.15M
CAP approach$1.08M
Submarket $/SF estimate$1.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$98/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$20 – $193

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 heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.0
Law Firm10.0
HVAC Service10.0

Location

353 1st St Fennville, MI 49408
County assessor Recorded deeds · 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6764 Just Barns, Fennville, MI 49408-8100 $168,725 Apr 2024 1,920 SF
1638 Adams, Fennville, MI 49408 $250,000 Apr 2021 5,530 SF
302 Maple, Fennville, MI 49408 $20,000 Dec 2020 2,352 SF
5655 117th, Fennville, MI 49408-9566 $47,000 Dec 2020 6,615 SF
6261 124th, Fennville, MI 49408 $300,000 Oct 2019 7,810 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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