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Financial
Distress signals
Property profile

195 Washington St Sparta, MI 49345

OFF-MARKET
Other commercial real estate
Property ID
US43-1345873
2,016 SF 0.13 ac lot Built 1930
Last sale Aug 2026 · $101,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a village-owned former ambulance garage configured as a mixed-use warehouse and office building. It includes two garage bays equipped with overhead doors, along with dedicated office space, a bathroom, and additional storage area. The site is located on a truck route in Sparta, Michigan. Zoning is described as being changed from RM to Business, which would broaden the range of permitted uses.

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$280k
$252k – $308k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$42/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$34 – $61
Qualifying comparables8

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?
VR2
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm11.8
Realty agency9.5
Tailor Shop9.1

Location

195 Washington St Sparta, MI 49345-1327
County assessor · not on file Recorded deeds · 1 transfer 8 qualifying comp sales 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
340 State, Sparta, MI 49345-1732 $193,000 Dec 2022 2,400 SF
425 Division, Sparta, MI 49345-1338 $175,000 May 2022 1,574 SF
147 State, Sparta, MI 49345-1023 $170,000 May 2022 2,500 SF
470 State, Sparta, MI 49345-1550 $200,000 Mar 2022 2,608 SF
411 10th Mile NW, Sparta, MI 49345-8407 $175,000 Feb 2022 2,324 SF
88 Division, Sparta, MI 49345-1326 $550,000 Oct 2021 1,984 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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