Property profile

118 Main St Chelsea, MI 48118

OFF-MARKET
Manufacturing properties
Property ID
US43-1841662
4,177 SF 0.12 ac lot Built 2005
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2005
Total area 4,177 SF
Lot 0.12 ac (5,401 SF)
Zoning code C5 CENT
APN 06-06-12-182-008
UPID US43-1841662

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
  • Grocery & Convenience Store Food Market
  • Gym & Fitness Center
  • (Bike/Boat/Book/etc) Store Party Supply Store
  • Clothing Store Used Clothing Store
  • (Bike/Boat/Book/etc) Store

Location

118 Main St Chelsea, MI 48118-1653
Chelsea metro Census 446400 ANN ARBOR, 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
$410k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2005
Price N/A
2005
Price N/A

Zoning & alternative use

C5 CENT · Chelsea, MI

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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