Entity Owned Property summary
This exceptional 12,635 square foot industrial property, situated on a generous 2.5-acre lot at 1166 N Rath in Ludington, Michigan, presents a unique investment opportunity. Currently configured to accommodate diverse uses, the building boasts a rich history. Previously a racquetball club, it has successfully served as a 24-hour fitness center, dance studio (a 2,000 sq ft space with air conditioning and ample natural light), gymnastics facility, and physical therapy practice. Four of the… studio spaces are notable for their two-story design, featuring spectator windows – a feature easily adaptable for expanded training areas or additional floor space. The upper level includes a sizable 50x33 foot room, currently used for gymnastics, and a smaller room suitable for physical therapy or massage therapy. The property's versatility is further enhanced by its zoning. In April 2023, Mason County's planning department designated this property as "Neighborhood Commercial" within their comprehensive plan, opening doors to a wider range of potential uses. This prime Ludington location offers significant advantages for a variety of businesses seeking a spacious and adaptable facility. The building is clean and well-maintained, ready for immediate occupancy or customized renovations to suit your specific needs. Priced at $499,000, this property represents a compelling investment in a thriving community.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 2.64 ac
- APN
- 010-010-200-010-00
- Assessed value · 2023
- $123,300
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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