Financial
Distress signals
Property profile

1217 Emerald Dr Mears, MI 49436

OFF-MARKET
Commercial real estate
Property ID
US43-3497935
1,580 SF 0.59 ac lot
Last sale Mar 2021 · $300,000
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 exceptional business opportunity in Mears, Michigan, presents a chance to acquire a thriving eatery and valuable real estate. Located on a half-acre lot in the desirable Silver Lake business district, the property boasts two buildings, all just one year old. The sale includes the existing, successful seasonal restaurant operation (May-October), offering immediate income potential. All furniture, fixtures, and equipment are included, ensuring a seamless transition for the new owner. The…

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 · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$149k
Assessed land$85k
Assessed improvement$64k
Effective rate3.56%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$320k

Realmo valuation models over county records and 3 qualifying comparable sales.

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.

JurisdictionOCEANA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply9.0
Tailor Shop8.7
Auto Parts Store8.6

Location

1217 Emerald Dr Mears, MI 49436-9696
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales 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
7364 Deer, Mears, MI 49436-9406 $400,000 Jan 2025 No data
Mears, MI 49436 $700,000 Dec 2024 No data
5673 Fox, Mears, MI 49436-9565 $30,000 Jun 2023 No data
7870 Hazel, Mears, MI 49436-9697 $500,000 Feb 2023 No data
591 18th, Mears, MI 49436-9666 $200,000 Oct 2022 No data
8547 Silver Lk, Mears, MI 49436-9675 $164,000 Dec 2018 512 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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