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Financial
Distress signals
Property profile

1025 Michigan Ave Three Rivers, MI 49093

OFF-MARKET
Other commercial real estate
Property ID
US43-2149989
3,420 SF 0.94 ac lot
Last sale Apr 2026 · $435,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a car wash facility located in the extended business district of Three Rivers along Michigan Avenue (M-60), within about half a mile of US 131. The site covers a little over one acre and contains approximately 6,100 square feet of improvements configured with six self-service bays and one automated conveyor-track system. The facility is described as well-maintained and is set up for operation as a self-serve and automated car wash. The property also offers potential for additional development or new construction, subject to City of Three Rivers approvals.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$124k
Assessed land$80k
Assessed improvement$43k
Effective rate4.30%

Value estimate

· Oct 2026
$350k
$315k – $385k

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$52/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$28 – $79
Qualifying comparables23

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?
B-2
It is intended to provide for the establishment of commercial and service activities which draw from and serve customers from the entire ...
General categoryCOMMERCIAL
JurisdictionST JOSEPH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.4
Parking Facility11.2
Kitchen & Bath10.6

Location

1025 Michigan Ave Three Rivers, MI 49093-2164
County assessor Recorded deeds · 3 transfers 23 qualifying comp sales 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
1150 Millard, Three Rivers, MI 49093-9567 $283,000 Aug 2025 4,160 SF
10249 Lucas, Three Rivers, MI 49093-8536 $100,000 May 2025 3,880 SF
310 Us Hwy 131, Three Rivers, MI 49093-8835 $128,000 Apr 2025 2,310 SF
715 Webber, Three Rivers, MI 49093 $200,000 Dec 2024 7,035 SF
850 Health, Three Rivers, MI 49093-8358 $510,000 May 2024 3,590 SF
416 Michigan, Three Rivers, MI 49093-2127 $90,000 May 2024 3,456 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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