Financial
Distress signals
Property profile

242 Butler St Saugatuck, MI 49453

OFF-MARKET
Retail space
Property ID
US43-2108396
1,842 SF 0.1 ac lot Built 1920
Last sale Sep 2021 · $370,000
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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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$139k
Assessed land$41k
Assessed improvement$98k

Value estimate

· Sep 2026
$415k
$374k – $457k
AI approach$545k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$127/SF
County average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$41 – $220
Qualifying comparables4

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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.7
Wholesale Shop9.2
Locksmith8.7

Location

242 Butler St Saugatuck, MI 49453-9493
County assessor Recorded deeds · 1 transfer 4 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3480 Blue Star, Saugatuck, MI 49453-9400 $192,000 Dec 2025 3,431 SF
3383 Blue Star, Saugatuck, MI 49453-9724 $330,000 Jun 2025 1,280 SF
403 Water, Saugatuck, MI 49453 $216,000 Sep 2024 980 SF
6069 Blue Star, Saugatuck, MI 49453-9725 $2,500,000 Jan 2023 3,230 SF
318 Butler, Saugatuck, MI 49453 $340,000 Jul 2019 1,287 SF
3279 Blue Star, Saugatuck, MI 49453-9432 $125,000 Oct 2018 2,550 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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