Financial
Distress signals
Property profile

14998 Cleveland St C Spring Lake, MI 49456

FOR LEASE
Office buildings
Property ID
US43-2112716
1,054 SF Built 1997
Last sale Jan 2011 · $58,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office suite encompasses 2,050 square feet across two levels. The main level includes two large private offices and three semi-private areas, as well as a kitchenette and an accessible bathroom. The lower level is finished and contains large windows for natural light and a full bathroom with a shower. The space is configured to support multiple work areas within a focused office environment, with separation between private/semi-private functions on the main floor and additional finished space below.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value$83k
Effective rate3.50%

Value estimate

· Sep 2026
$225k
$203k – $248k
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$5k
Operating expenses−$8k
NOI · 205,309.09% cap applied$23k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$94 – $211

Cap rate analysis

How does the asset earn?
205,309.09%
$23k 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?
GC
JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant9.0
Realty agency9.5
Dental Office9.9

Location

14998 Cleveland St, Unit C Spring Lake, MI 49456
County assessor Recorded deeds · 2 transfers 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 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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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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