Financial
Distress signals
Property profile

15212 N Red Bud Trl N Buchanan, MI 49107

FOR SALE
Turn key restaurants
Property ID
US43-3706602
4,559 SF 1.5 ac lot
Last sale Nov 2022 · $328,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 15212 Red Bud Trail N in Buchanan Township, this commercial property consists of an approximately 1.5-acre site with a building totaling about 4,559 square feet, originally constructed around 1900. The property is equipped with natural gas service and includes central air conditioning, forced-air heating, and communications utilities such as cable, electricity, and phone service. It has been used as a restaurant and bar and includes a full commercial kitchen, dining and bar areas,…

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 · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$143k
Effective rate3.90%

Value estimate

· Sep 2026
$355k
$320k – $391k
NOI build-up
Gross scheduled income$71k
Vacancy & credit loss−$3k
Operating expenses−$17k
NOI · 14.53% cap applied$51k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$147/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$83 – $230

Cap rate analysis

How does the asset earn?
14.53%
$51k 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?
R-RA
JurisdictionBERRIEN

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
Restaurant16.4
Law Firm13.3
Auto Parts Store12.4

Location

15212 N Red Bud Trl N Buchanan, MI 49107
County assessor Recorded deeds · 5 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
109 Red Bud, Buchanan, MI 49107-1412 $121,000 Nov 2024 5,160 SF
108 Frnt, Buchanan, MI 49107-1258 $350,000 Sep 2024 3,120 SF
259 Frnt, Buchanan, MI 49107-1407 $200,000 Feb 2024 3,060 SF
711 Frnt, Buchanan, MI 49107-1458 $347,700 Dec 2023 8,059 SF
5955 Us Hwy 12, Buchanan, MI 49107-8413 $183,000 Aug 2022 2,896 SF
128 Main, Buchanan, MI 49107-1455 $1,000,000 Feb 2022 5,332 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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