Financial
Distress signals
Property profile

10400 Us Highway 31 N Free Soil, MI 49411

FOR SALE
Other commercial real estate
Property ID
US43-4576561
2.33 ac lot Built 1940
Last sale Oct 2024 · $140,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 established motel property comprises seven vintage cabins situated on 2.33 acres, along US-31 between Ludington and Manistee, with nearby access to Lake Michigan beaches, boat launches, and salmon and trout fishing destinations. All seven cabins have private bathrooms with a shower, toilet, and sink. One larger cabin includes a full kitchen and can be configured as either a rental unit or an owner’s residence, while the remaining cabins are equipped with microwaves and mini refrigerators.…

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

What does the county charge?
Assessed value · 2024$61k
Assessed land$11k
Assessed improvement$50k

Value estimate

· Sep 2026
$140k
$126k – $154k
AI approach$140k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionMASON

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand index
Garden Center8.2
Travel Agency6.8
Realty agency6.4

Location

10400 Us Highway 31 N Free Soil, MI 49411
County assessor Recorded deeds · 2 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9121 Us Hwy 31, Free Soil, MI 49411-9136 $372,000 Mar 2024 No data
50 Hoague, Free Soil, MI 49411-9657 $12,000 Dec 2023 No data
2610 Michigan, Free Soil, MI 49411-9143 $207,000 Sep 2023 No data
9444 Us Hwy 31, Free Soil, MI 49411-9635 $240,000 Jul 2020 No data
9301 Us Hwy 31, Free Soil, MI 49411-9122 $10,000 Apr 2020 No data
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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