Financial
Distress signals
Property profile

109 Michigan Ave Marshall, MI 49068

OFF-MARKET
Other commercial real estate
Property ID
US43-2349478
5,040 SF 0.06 ac lot Built 1890
Last sale Apr 2023 · $220,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Approximately 1,680 square feet retail/office suite located in downtown Marshall. The interior is configured to accommodate a range of boutique uses and features exposed brick walls and distinctive window coves. The unit includes both front and rear entrances, allowing flexible ingress and egress for customers and staff. The suite is positioned in a downtown setting with nearby public parking conveniently located on both sides of the area.

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?
$5k
Tax billed · 2022
Assessed value · 2024$76k
Effective rate7.02%

Value estimate

· Sep 2026
$275k
$248k – $303k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$52/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$35 – $72

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-3 CEN
JurisdictionCALHOUN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.3
Plumbing Service9.2
Tailor Shop9.2

Location

109 Michigan Ave Marshall, MI 49068-9904
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
102 Michigan, Marshall, MI 49068-1527 $326,000 Apr 2025 3,725 SF
117 Michigan, Marshall, MI 49068-1543 $500,000 Jan 2025 4,926 SF
221 Michigan, Marshall, MI 49068-1523 $306,000 Jun 2024 4,256 SF
136 Michigan, Marshall, MI 49068-1522 $470,000 Oct 2023 4,640 SF
151 Michigan, Marshall, MI 49068-1521 $400,000 Oct 2021 6,560 SF
108 Michigan, Marshall, MI 49068-1522 $225,000 Sep 2020 6,640 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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