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Financial
Distress signals
Property profile

1450 Mcpherson Park Dr Howell, MI 48843

OFF-MARKET
Other industrial properties
Property ID
US43-1921967
177,530 SF 22 ac lot Built 1967
Last sale Mar 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial distribution center designed to support distribution and manufacturing uses, with rail service available and immediate access to I-96. It is located at 1450 McPherson Park Dr in Howell, Michigan, providing a fixed address for operations requiring interstate connectivity.

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?
$45k
Tax billed · 2023
Assessed value · 2024$930k
Effective rate4.83%

Value estimate

· Oct 2026
$770k
$693k – $847k
Submarket $/SF estimate$6.49M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$61/SF
County average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$37 – $80

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?
I-1
I-1, Light Industrial Districts are designed so as to primarily accommodate wholesale activities, warehouses and industrial operations wh...
General categoryINDUSTRIAL
JurisdictionLIVINGSTON

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 Supply14.9
Wholesale Shop13.9
Storage Facility12.5

Location

1450 Mcpherson Park Dr Howell, MI 48843-1936
County assessor Recorded deeds · 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1300 Packard, Howell, MI 48843-9548 $2,250,000 Jun 2025 24,000 SF
1240 Packard, Howell, MI 48843-7339 $2,383,000 Sep 2022 39,327 SF
1492 Old Us 23, Howell, MI 48843-9036 $1,394,400 Mar 2022 23,240 SF
1265 Grand Oaks, Howell, MI 48843-8578 $1,800,000 Jan 2022 23,360 SF
1033 Sutton, Howell, MI 48843-1714 $1,425,000 Aug 2021 34,484 SF
1212 Fendt, Howell, MI 48843-7594 $1,750,000 May 2020 62,680 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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