Technical
Financial
Distress signals
Property profile

116 Clark St Albion, MI 49224

OFF-MARKET
Individual retail properties
Property ID
US43-2281088
2,520 SF 0.19 ac lot Built 1968
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Individual retail properties
Use group LAUNDROMAT (SELF-SERVICE)
Year built 1968
Total area 2,520 SF
Lot 0.19 ac (8,189 SF)
Zoning code MU
APN 51-001-501-00
UPID US43-2281088

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

116 Clark St Albion, MI 49224-1915
Albion metro Census 3400 BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2017
2 recorded transactions
2017
$120,000
2016
Price N/A

Zoning & alternative use

MU · Albion, MI
Zoning description

MU district is intended to accommodate a mix of single-family and multiple-family residential uses, mixed uses, and business and office uses in addition to other compatible uses which support the primary uses in the dist…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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