Financial
Distress signals
Property profile

1171 M 89 Plainwell, MI 49080

OFF-MARKET
Auto shops
Property ID
US43-2230241
4,160 SF 0.45 ac lot Built 1900
Last sale Feb 2008 · $245,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 0.45-acre industrial property in Plainwell, Michigan, presents a unique investment opportunity. Situated at the entrance to a Meijer supermarket and adjacent to a Starbucks and T-Mobile, this high-traffic location boasts unparalleled visibility and accessibility. The 6,120-square-foot building is available for purchase, offering significant potential for various commercial uses. Importantly, the existing business operating within the building is not included in the sale,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$120k
Assessed land$48k
Assessed improvement$72k
Effective rate3.37%

Value estimate

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

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
County average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$47 – $116

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: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage8.4
Hair Salon9.1
Skin Care Clinic8.3

Location

1171 M 89 Plainwell, MI 49080-1172
County assessor Recorded deeds · 4 transfers 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 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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