Technical
Financial
Distress signals
Property profile

132 Main St Elsie, MI 48831

OFF-MARKET
Office buildings
Property ID
US43-2187422
1,710 SF 0.06 ac lot
Individually Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 1,710 SF
Lot 0.06 ac (2,439 SF)
Zoning code C-1
APN 061-130-001-005-01
UPID US43-2187422

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

132 Main St Elsie, MI 48831-5105
Elsie metro Census 10702 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2017
2 recorded transactions
2017
$35,000
2008
Price N/A

Zoning & alternative use

C-1 · Elsie, MI
Zoning description

Sec. 15-309. C-1 Downtown Commercial district. The purpose of the Downtown Commercial district is to provide for commercial uses in Elsie's established downtown development district that will strengthen the downtown's po…

General category COMMERCIAL

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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