Financial
Distress signals
Property profile

101 N Main St Concord, MI 49237

FOR LEASE
Office buildings
Property ID
US43-0853303
5,245 SF 0.26 ac lot
Last sale Sep 2025 · $100,000
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.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a restored 1900-era commercial building in Concord, Michigan, located just off I-94 and approximately halfway between Kalamazoo and Ann Arbor, with frontage on both Main Street and Hanover Street. It contains about 5,000 square feet of interior space and is configured with an office area, two bathrooms, a shop/garage area, and a utility area. The shop area includes three mechanics pits and two overhead doors, and is served by natural gas tube heating. The office/retail area uses…

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?
$3k
Tax billed · 2022
Assessed value · 2023$76k
Assessed improvement$76k
Effective rate4.05%

Value estimate

· Sep 2026
$285k
$257k – $314k
NOI build-up
Gross scheduled income$172k
Vacancy & credit loss−$26k
Operating expenses−$55k
NOI · 4,558.15% cap applied$91k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$74/SF
County average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$41 – $107

Cap rate analysis

How does the asset earn?
4,558.15%
$91k 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?
COM
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency9.8
Auto Repair Shop9.8
Building Supply9.3

Location

101 N Main St Concord, MI 49237
County assessor Recorded deeds · 4 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

3 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message