Financial
Distress signals
Property profile

1380 E Main St Edmore, MI 48829

FOR SALE
Other commercial real estate
Property ID
US43-5214939
2.13 ac lot
Last sale Nov 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. 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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Property summary

AI-generated overview

The property is a multi-use commercial building situated on a site of over 2 acres, with commercial zoning and more than 25,000 square feet of configurable space suitable for a range of professional and retail uses. It includes a front entrance and lobby, multiple entrances, and features designed to provide daylighted interior space. The site provides handicapped-accessible parking and drive-up/drop-off capability, supporting customer and patient-oriented access patterns. The building is…

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.

Mortgages

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 · 2024

What does the county charge?
$20k
Tax billed · 2024
Assessed value$406k
Effective rate4.89%

Value estimate

· Sep 2026
$315k
$284k – $347k
NOI build-up
Gross scheduled income$461k
Vacancy & credit loss−$91k
Operating expenses−$92k
NOI · 59.64% cap applied$277k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
59.64%
$277k 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?
COMMERCIAL
JurisdictionMONTCALM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.4
Parking Facility9.4
Electrical Service8.9

Location

1380 E Main St Edmore, MI 48829
County assessor Recorded deeds · 2 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Main, Edmore, MI 48829-8402 $126,000 Feb 2026 No data
8086 Sheridan, Edmore, MI 48829-9777 $95,000 May 2025 No data
1459 Main, Edmore, MI 48829-8339 $7,500 Dec 2024 No data
1100 Main, Edmore, MI 48829-8354 $648,509 Sep 2024 No data
1381 Main, Edmore, MI 48829-8339 $59,999 May 2024 No data
406 Main, Edmore, MI 48829 $100,000 Mar 2024 No data
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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