Financial
Distress signals
Property profile

1901 W Caro Rd Caro, MI 48723

FOR LEASE
Commercial real estate
Property ID
US43-4231654
10.03 ac lot
Last sale Nov 2022 · $385,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1901 W Caro Rd, Caro, MI 48723 For Lease
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1901 W Caro Rd, Caro, MI 48723
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Property summary

AI-generated overview

This exceptional 4,408-square-foot restaurant building presents a unique investment opportunity in Caro, Michigan. Located at 1901 W Caro Rd, this single-tenant property sits on a substantial 10-acre lot, offering significant expansion potential. The building is classified as Class A and boasts a complete renovation in 2020, ensuring modern amenities and a move-in ready condition. Currently vacant, this space is ideal for a variety of restaurant concepts or adaptive reuse. The property's…

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 · 2020

What does the county charge?
$9k
Tax billed · 2020
Assessed value · 2023$231k
Effective rate3.85%

Value estimate

· Sep 2026
$370k
$333k – $407k

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?

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.

JurisdictionTUSCOLA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.3
Electrical Service9.1
Garden Center8.7

Location

1901 W Caro Rd Caro, MI 48723
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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
1341 Colling, Caro, MI 48723-9244 $250,000 Feb 2026 No data
1052 Cleaver, Caro, MI 48723-1170 $130,000 Dec 2025 No data
144 Burnside, Caro, MI 48723-1507 $30,000 Dec 2025 No data
243 State, Caro, MI 48723-1560 $220,000 Oct 2025 No data
303 State, Caro, MI 48723-1537 $21,000 Jun 2025 No data
1710 Caro, Caro, MI 48723-9229 $86,000 Apr 2025 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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