Financial
Distress signals
Property profile

501 N James St Grayling, MI 49738

FOR LEASE
Retail space
Property ID
US43-3687266
6,675 SF 0.1 ac lot Built 1908
Last sale May 2025 · $250,000
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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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?
$6k
Tax billed · 2023
Assessed value · 2024$125k
Assessed land$4k
Assessed improvement$121k
Effective rate4.45%

Value estimate

· Sep 2026
$215k
$194k – $237k
AI approach$215k

Realmo valuation models over county records.

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

What can be built here?
C-1
General categoryCOMMERCIAL
JurisdictionCRAWFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.3
Parking Facility10.1
HVAC Service9.9

Location

501 N James St Grayling, MI 49738
County assessor Recorded deeds · 5 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 James, Grayling, MI 49738-1714 $350,000 May 2025 2,691 SF
106 Michigan, Grayling, MI 49738-1741 $132,500 Sep 2024 3,300 SF
118 Michigan, Grayling, MI 49738-1741 $190,000 Jun 2023 3,112 SF
227 Michigan, Grayling, MI 49738-1742 $279,000 Feb 2022 2,924 SF
127 Michigan, Grayling, MI 49738-1740 $160,000 Jul 2021 3,450 SF
2045 I 75th Business, Grayling, MI 49738-2039 $4,960,000 Dec 2020 13,565 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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