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    OFF-MARKET
    Commercial real estate

    102 Jean St, Yale, MI 48097-2987

    1,316 SF 9.95 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US43-4511336
    Property summary
    AI-generated overview

    This 1,316 square foot industrial property in Yale, MI, sits on nearly 10 acres (9.95 acres to be exact). The property was previously operated as a licensed modular home community with 15 active sites, offering potential for expansion. Currently, five older mobile homes are included in the sale, all in as-is condition with titles provided. Each site features separate electrical meters, and city water and sewer connections (though reconnection may be necessary). The property was last licensed in 2021. Prospective buyers are responsible for verifying the feasibility of reopening the mobile home park with all relevant agencies, including the City of Yale, St. Clair County, and the State of Michigan. The previous owner is retired and makes no guarantees regarding the current possibility of reopening. The existing mobile home pads are approximately 14 feet by 60 feet. Additional structures on the property include a detached garage and a pole barn. All measurements are estimates

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 1,316 SF
    Lot 9.95 ac (433,422 SF)
    APN 74-08-011-4006-000
    UPID US43-4511336
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    ROGER RUSAK
    ROGER RUSAK
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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