Property profile

1120 N Us Highway 31 Pellston, MI 49769

FOR SALE
Commercial real estate
Saved · see the list in your Dashboard
Property ID
US43-0331360
Last sale Mar 2022·$135,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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

What does the county charge?
Assessed value · 2023$93k
Assessed land$93k

Value estimate

· Nov 2026
$130k
$117k – $143k
NOI build-up
Gross scheduled income$152k
Vacancy & credit loss−$11k
Operating expenses−$21k
NOI · 6.84% cap applied$120k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$136/SF
County average, outlier-cleaned · 121 recorded sales of this use type
Observed band · Q1–Q3$71 – $201

Cap rate analysis

How does the asset earn?
6.84%
$120k 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?
EC I-1
JurisdictionEMMET

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 agency8.0
Auto Repair Shop7.9
Hair Salon7.8

Location

1120 N Us Highway 31 Pellston, MI 49769
County assessor Recorded deeds · 5 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
6402 State, Pellston, MI 49769-9094 $78,500 Dec 2025 No data
875 Zipf St, Pellston, MI 49769 $660,000 Oct 2025 9,300 SF
944 Us Hwy 31, Pellston, MI 49769-9349 $325,000 Jun 2023 1,784 SF
215 Milton, Pellston, MI 49769-9243 $105,000 Oct 2022 No data
6352 Main, Pellston, MI 49769 $40,000 Feb 2022 3,080 SF
976 Us Hwy 31, Pellston, MI 49769 $70,000 Nov 2021 960 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved