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Financial
Distress signals
Property profile

141 Main St Otisville, MI 48463

OFF-MARKET
Other commercial real estate
Property ID
US43-0587316
7,040 SF 0.13 ac lot
Last sale Jul 2026 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial property is located in Otisville’s downtown business district and contains 7,004 square feet of interior space. It is zoned C-A and is configured with a Main Street storefront area and adjoining warehouse space. The building features approximately 14-foot ceilings and a 12-foot overhead door, providing access for deliveries and storage. Historically, it has been operated as an electrical supply store serving both the public and contractors. The layout supports a range of uses…

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 · 2019

What does the county charge?
$2k
Tax billed · 2019
Assessed value · 2023$90k
Effective rate2.72%

Value estimate

· Oct 2026
$225k
$203k – $248k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 994 recorded sales of this use type
Observed band · Q1–Q3$32 – $110
Qualifying comparables5

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

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.

JurisdictionGENESEE

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 agency9.2
HVAC Service9.1
Garden Center8.4

Location

141 Main St Otisville, MI 48463-7713
County assessor Recorded deeds · 2 transfers 5 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
337 State, Otisville, MI 48463-9486 $640,000 Jan 2026 10,177 SF
292 State, Otisville, MI 48463-8421 $1,176,000 Nov 2023 9,156 SF
10016 State, Otisville, MI 48463-9735 $142,000 Mar 2020 4,947 SF
10074 Lk, Otisville, MI 48463-9714 $160,000 Feb 2020 5,128 SF
9380 Dodge, Otisville, MI 48463-8412 $360,000 May 2019 6,400 SF
341 State, Otisville, MI 48463-9758 $75,000 Mar 2019 9,000 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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