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Financial
Distress signals
Property profile

1115 Reno Dr Wayland, MI 49348

OFF-MARKET
Commercial land
Property ID
US43-2107439
4.05 ac lot
Last sale Mar 2012 · $82,613
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Development-ready industrial-zoned land is positioned along US-131 for visibility, located in Wayland and less than 1.5 miles from the US-131 on/off ramp at 135th Avenue. The site has utility access with water, gas, and electric serving the property, while sewer service would need to be added. The surrounding area includes nearby amenities and large industrial users.

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?
$3k
Tax billed · 2023
Assessed value · 2024$62k
Assessed land$62k
Effective rate4.71%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
County average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$32 – $213

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.3
Realty agency9.2
Locksmith8.7

Location

1115 Reno Dr Wayland, MI 49348-1709
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
127th, Wayland, MI 49348 $128,000 Jul 2024 No data
3591 12th, Wayland, MI 49348-9569 $39,000 Mar 2024 No data
1219 142nd, Wayland, MI 49348-9748 $394,400 Mar 2024 No data
325 Clark, Wayland, MI 49348-1017 $59,000 May 2023 No data
142nd, Wayland, MI 49348 $250,000 Apr 2023 No data
Division St At 140th, Wayland, MI 49348 $46,000 Sep 2022 No data
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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