Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

12950 Brady Rd Chesaning, MI 48616

FOR SALE
Other commercial real estate
Property ID
US43-2325923
8,868 SF 2.98 ac lot Built 1965
Last sale Sep 2021 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 9,000 sq. ft. commercial building located at the intersection of M-52 and M-57. Historically used as a restaurant and banquet center, it is configured with expansive open interior areas and multiple entrances. The exterior has had recent updates. The site provides ample parking and benefits from visibility and access associated with being at the crossroads of two major routes. The building and site are suited for uses such as retail, dining, event hosting, or other redevelopment applications.

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 · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value · 2024$204k
Effective rate5.02%

Value estimate

· Nov 2026
$340k
$306k – $374k
NOI build-up
Gross scheduled income$115k
Vacancy & credit loss−$21k
Operating expenses−$28k
NOI · 7.79% cap applied$66k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$44/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$35 – $59
Qualifying comparables22

Cap rate analysis

How does the asset earn?
7.79%
$66k estimated NOI · market benchmarks for this use type

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

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.

JurisdictionSAGINAW

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility9.4
Pawn Shop8.4
Convenience Store7.5

Location

12950 Brady Rd Chesaning, MI 48616
County assessor Recorded deeds · 3 transfers 22 qualifying comp sales 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
605 Broad, Chesaning, MI 48616-1382 $17,952 May 2025 8,190 SF
12710 Brady, Chesaning, MI 48616-9561 $500,000 Mar 2024 9,120 SF
316 Broad, Chesaning, MI 48616-1207 $424,000 Jan 2024 6,164 SF
1100 Lockwood, Chesaning, MI 48616 $220,000 Dec 2023 6,000 SF
220 Broad, Chesaning, MI 48616-1205 $110,000 Sep 2023 6,976 SF
7077 Peet, Chesaning, MI 48616-9755 $430,000 Aug 2023 12,394 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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