Financial
Distress signals
Property profile

15700 Winans St West Olive, MI 49460

FOR SALE
Other warehouses
Property ID
US43-2286621
3,200 SF 7.4 ac lot Built 1996
Last sale Jan 2021 · $342,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial warehouse marketed as commercial real estate in the warehouse and industrial category, with a total property size of 13,264 (units not specified). It is located at 15700 Winans Street in West Olive, Michigan 49460. The available listing information does not provide further building specifications beyond the overall size, including details such as interior layout, clear heights, access, or loading/tenancy-related features; site and building details would need to be…

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?
$8k
Tax billed · 2022
Assessed value · 2023$461k
Effective rate1.70%

Value estimate

· Sep 2026
$440k
$396k – $484k
NOI build-up
Gross scheduled income$287k
Vacancy & credit loss−$24k
Operating expenses−$39k
NOI · 5.25% cap applied$223k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$107/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$59 – $166

Cap rate analysis

How does the asset earn?
5.25%
$223k 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?
OVERLAY
JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop8.7
Auto Parts Store8.5
Wholesale Shop8.3

Location

15700 Winans St West Olive, MI 49460
County assessor Recorded deeds · 2 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
6555 Butternut, West Olive, MI 49460-9577 $165,000 Jul 2025 1,200 SF
8345 Olive, West Olive, MI 49460-9701 $310,000 Jun 2024 5,008 SF
14529 Gardner, West Olive, MI 49460 $140,000 Apr 2024 5,100 SF
10656 Winans, West Olive, MI 49460-9652 $6,900,000 Mar 2024 1,576 SF
6731 Butternut, West Olive, MI 49460-9578 $100,000 Mar 2023 1,466 SF
16672 Blair St, West Olive, MI 49460-9733 $89,000 Oct 2021 1,250 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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