Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

118 Hoffman St Saugatuck, MI 49453

FOR SALE
Other commercial real estate
Property ID
US43-2280921
3,136 SF 0.06 ac lot Built 1900
Last sale May 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

118 Hoffman Street is a mixed-use building originally constructed circa 1920 and subsequently rebuilt with new finishes and building systems following renovations completed in 2026. The property contains a street-level commercial suite and three residential apartments. Renovation work included demolition to the studs, installation of new floor boards, and updates to electrical, HVAC, and plumbing systems, as well as a roof replacement completed in 2021. The building is located in downtown…

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 · 2024$223k
Assessed land$51k
Assessed improvement$172k

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records and 4 qualifying comparable sales.

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
Qualifying comparables4

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

What can be built here?
WSE-WATER E C2
JurisdictionALLEGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.7
Wholesale Shop9.2
Locksmith8.7

Location

118 Hoffman St Saugatuck, MI 49453
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales 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
133 Butler, Saugatuck, MI 49453-5110 $375,000 Mar 2025 3,400 SF
142 Butler, Saugatuck, MI 49453-8400 $560,000 Jul 2024 3,680 SF
149 Griffith, Saugatuck, MI 49453 $720,000 Jun 2023 2,257 SF
320 Mason, Saugatuck, MI 49453 $650,000 Sep 2021 3,060 SF
236 Mary, Saugatuck, MI 49453 $665,000 Aug 2021 1,772 SF
820 Holland, Saugatuck, MI 49453-9607 $450,000 Dec 2020 2,672 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again