Financial
Distress signals
Property profile

3805 S Ravenna Rd Ravenna, MI 49451

FOR SALE
Other commercial real estate
Property ID
US43-2683874
640 SF 0.9 ac lot Built 1975
Last sale Oct 2024
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

A standalone office building in Ravenna features a paved parking lot and a detached garage that can be used for storage or workspace. The building includes one bathroom and is configured as an administrative office with existing office functionality. The property is equipped with 220-amp electrical service and has power capacity suitable for typical office use. It has historically been used as an administrative office for a propane company, and the layout supports office-oriented uses such as professional services and small business operations.

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$40k
Effective rate4.66%

Value estimate

· Sep 2026
$85k
$77k – $94k
NOI build-up
Gross scheduled income$11k
Vacancy & credit loss−$2k
Operating expenses−$2k
NOI · 3.13% cap applied$7k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 409 recorded sales of this use type
Observed band · Q1–Q3$35 – $136

Cap rate analysis

How does the asset earn?
3.13%
$7k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
R-1 RU
JurisdictionMUSKEGON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency11.5
Building Supply10.4
Parking Facility9.9

Location

3805 S Ravenna Rd Ravenna, MI 49451
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

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
12392 Stafford, Ravenna, MI 49451-5104 $78,000 Jul 2024 864 SF
12379 Stafford, Ravenna, MI 49451-9159 $322,000 Jun 2024 2,560 SF
12412 Stafford, Ravenna, MI 49451-5103 $88,000 Apr 2024 1,860 SF
12432 Stafford, Ravenna, MI 49451-5103 $50,000 Apr 2024 1,491 SF
12404 Stafford, Ravenna, MI 49451-5103 $44,000 May 2023 2,400 SF
12521 Crockery Crk, Ravenna, MI 49451-5100 $276,500 Jan 2023 2,370 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?”
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