Financial
Distress signals
Property profile

12463 Cleveland St Nunica, MI 49448

FOR SALE
Flex space
Property ID
US43-2113552
23,000 SF 2.99 ac lot Built 1992
Last sale May 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Industrial manufacturing facility totaling 35,720 square feet located on an approximately 3-acre site with a private paved drive. The building was constructed in 1992 and expanded in 1993, 1996, and 2013, and is configured for plastic injection molding with flexible manufacturing areas separated by roll-up partition doors. Electrical service includes 1200A, 3-phase power, and a 1,500 KVA transformer. Clear heights range from approximately 16 feet to 23 feet, and the facility has three 14-foot…

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?
$11k
Tax billed · 2022
Assessed value · 2023$372k
Effective rate2.87%

Value estimate

· Sep 2026
$595k
$536k – $655k
Submarket $/SF estimate$1.27M
NOI build-up
Gross scheduled income$772k
Vacancy & credit loss−$19k
Operating expenses−$226k
NOI · 19.89% cap applied$527k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$88/SF
County average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$55 – $131

Cap rate analysis

How does the asset earn?
19.89%
$527k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.1
Auto Parts Store8.9
Building Supply8.6

Location

12463 Cleveland St Nunica, MI 49448
County assessor Recorded deeds · 1 transfer 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 · 12 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16942 Woodlane, Nunica, MI 49448-9644 $280,000 Aug 2023 3,500 SF
16913 Power, Nunica, MI 49448-9465 $620,000 Feb 2022 8,320 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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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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