Financial
Distress signals
Property profile

192 Vanbruggen St Galesburg, MI 49053

FOR LEASE
Other commercial real estate
Property ID
US43-2376889
8,955 SF 1.54 ac lot Built 1999
Last sale Sep 2017 · $292,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An office unit within Comstock Industrial Park, located at 192 Van Bruggen Street in Galesburg, Michigan. The interior layout includes a reception area, a separate waiting area, access to a shared bathroom, and seven office or conference rooms configured for workspaces and meetings. The office unit was constructed in 1999.

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 · 2021

What does the county charge?
$12k
Tax billed · 2021
Assessed value · 2023$230k
Effective rate5.12%

Value estimate

· Sep 2026
$300k
$270k – $330k
Submarket $/SF estimate$526k
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 251,414.29% cap applied$18k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
County average, outlier-cleaned · 325 recorded sales of this use type
Observed band · Q1–Q3$38 – $123

Cap rate analysis

How does the asset earn?
251,414.29%
$18k 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?
LM
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Storage Facility8.8
Wholesale Shop8.4

Location

192 Vanbruggen St Galesburg, MI 49053
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
13800 Michigan, Galesburg, MI 49053-9658 $970,000 Jun 2023 8,600 SF
9468 K, Galesburg, MI 49053-8518 $54,000 Feb 2023 6,400 SF
8418 Michigan, Galesburg, MI 49053-9752 $250,000 Jun 2020 6,973 SF
1541 30th, Galesburg, MI 49053-8740 $205,195 Feb 2020 6,025 SF
72 Michigan, Galesburg, MI 49053-9534 $395,000 Feb 2020 12,447 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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