$700,000 9,000 SF

126 West Dr N, Marshall, MI 49068
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Built in 1992, this commercial flex building includes 3,500+ square feet of finished interior space and an additional unfinished area within a larger building footprint of about 9,000 square feet. The property is sited on over 3/4 of an acre and includes 40 dedicated parking spaces. Electrical service is described as 220x110, with a listed floor load of 6,000. The building layout separates finished and unfinished portions, allowing the unfinished space to be adapted for a range of commercial…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2022

What does the county charge?

$9k

Tax billed · 2022

Assessed value · 2024$142k

Effective rate6.52%

Value estimate

· Oct 2026

$530k

$477k – $583k

NOI build-up

Gross scheduled income$85k

Vacancy & credit loss−$6k

Operating expenses−$24k

NOI · 7.95% cap applied$56k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$50/SF

County average, outlier-cleaned · 29 recorded sales of this use type

Observed band · Q1–Q3$21 – $76

Cap rate analysis

How does the asset earn?

7.95%

$56k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

B-4 GEN

JurisdictionCALHOUN

Location intelligence

Which uses thrive at this corner?

Best fit: HVAC Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

HVAC Service9.4

Electrical Service9.1

Bakery8.7

126 West Dr N Marshall, MI 49068

County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

5 recorded sales · 6 properties nearby

Address Sale price Sold Size

13550 Myron Avery, Marshall, MI 49068-8529 $2,100,000 Aug 2024 10,200 SF

824 Michigan, Marshall, MI 49068-1446 $185,000 May 2023 2,720 SF

829 Kalamazoo, Marshall, MI 49068-1938 $36,000 Dec 2021 1,680 SF

13401 15th Mile, Marshall, MI 49068-9628 $195,000 Sep 2021 3,280 SF

501 Homer, Marshall, MI 49068-1911 $36,000 Jan 2020 1,408 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

Value Estimation
$385,000

9,264 SF

13233 Michigan Ave

AUTO REPAIR, GARAGE

13233 Michigan Ave, Marshall, MI 49068-8505

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Value Estimation
$250,000

9,390 SF

20172 Michigan Ave

AUTO REPAIR, GARAGE

20172 Michigan Ave, Marshall, MI 49068-8111

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Value Estimation
$730,000

9,547 SF

1021 Michigan Ave

AUTO REPAIR, GARAGE

1021 Michigan Ave, Marshall, MI 49068-9301

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Value Estimation
$340,000

10,080 SF

12950 15th Mile Rd

AUTO REPAIR, GARAGE

12950 15th Mile Rd, Marshall, MI 49068-9517

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Value Estimation
$510,000

10,200 SF

13550 Myron Avery Dr

AUTO REPAIR, GARAGE

13550 Myron Avery Dr, Marshall, MI 49068-8529

View Details
Value Estimation
$360,000

11,360 SF

13321 15th Mile Rd

AUTO REPAIR, GARAGE

13321 15th Mile Rd, Marshall, MI 49068-9628

View Details