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Financial
Distress signals
Property profile

1355 Eaton St Albion, MI 49224

OFF-MARKET
Grocery and convenience stores
Property ID
US43-2250939
2,428 SF 1.07 ac lot Built 1958
Last sale Dec 2024 · $270,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 2,428 square foot retail building, located at 1355 N Eaton St, Albion, MI 49224, is available for $899,000 ($370.26/sq ft). Completely renovated in 2024, this single-story building sits on a 1.07-acre lot and features 20 parking spaces. The property is zoned B4 and boasts a prime location near downtown Albion and minutes from a local college. Surrounding businesses include McDonald's, Taco Bell, Pizza Hut, a Ford dealership, and a Speedway gas station, indicating high traffic and…

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 · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2024$109k
Effective rate5.87%

Value estimate

· Oct 2026
$335k
$302k – $369k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
County average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$25 – $93
Qualifying comparables7

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

What can be built here?
C
General Business District is intended to provide for a diverse mix of retail business and services in areas which abut major thoroughfare...
General categoryCOMMERCIAL
JurisdictionCALHOUN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.1
Law Firm15.6
Wholesale Shop14.3

Location

1355 Eaton St Albion, MI 49224-1040
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1512 Eaton, Albion, MI 49224-8415 $1,800,000 Dec 2024 2,955 SF
205 Cass, Albion, MI 49224-1679 $51,000 May 2024 3,000 SF
102 Erie, Albion, MI 49224-1733 $225,000 Aug 2022 1,778 SF
309 Superior, Albion, MI 49224-1752 $180,000 May 2021 2,616 SF
311 Superior, Albion, MI 49224-1752 $180,000 May 2021 2,645 SF
26497 Anderson, Albion, MI 49224-9543 $110,000 May 2019 3,160 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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