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Financial
Distress signals
Property profile

1221 Main St Adrian, MI 49221

OFF-MARKET
Commercial real estate
Property ID
US43-2354301
319,262 SF 14.17 ac lot Built 1981
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$555k
$500k – $611k
Submarket $/SF estimate$17.76M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$56/SF
ZIP average, outlier-cleaned · 121 recorded sales of this use type
Observed band · Q1–Q3$26 – $97

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.

JurisdictionLENAWEE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.9
Parking Facility11.7
Realty agency10.9

Location

1221 Main St Adrian, MI 49221-4390
County assessor · not on file Recorded deeds · 1 transfer Qualifying 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2000 Bent Oak Ave, Adrian, MI 49221-1564 $100,000 Dec 2025 4,680 SF
101 Maumee, Adrian, MI 49221-2703 $1,950,000 Sep 2025 21,218 SF
227 Winter, Adrian, MI 49221-2066 $250,000 May 2025 19,888 SF
3176 Ogden, Adrian, MI 49221-9204 $175,000 Apr 2025 8,784 SF
2396 Us Hwy 223, Adrian, MI 49221-9251 $335,000 Mar 2025 4,725 SF
3359 Adrian, Adrian, MI 49221-1173 $128,500 Mar 2025 7,139 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
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