Entity Owned Property summary
This exceptional mixed-use property in Chesaning, Michigan, presents a lucrative investment opportunity. Located at 202 W Broad St, 48616, this 10,069 square foot building boasts a strong income stream from multiple revenue sources. The property includes a well-established liquor store with a valuable Saginaw County liquor license (estimated value $250,000) currently owner-operated, a laundromat (also owner-operated), and two apartments. The pharmacy tenant currently pays $1,500 per month in… rent, while each apartment generates $450 monthly (below market value). The liquor store and laundromat spaces offer significant upside potential, with estimated rental income of $2,500 and $1,000 per month respectively. The property is currently 80% occupied, offering immediate cash flow and the potential for increased profitability through lease adjustments and full occupancy. The asking price is $890,000, representing an attractive cap rate of 9%. This is a rare opportunity to acquire a multi-faceted commercial property with significant growth potential in a desirable location. The property's diverse income streams and strong cash flow make it an ideal investment for both seasoned and new investors.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 17 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
This district is intended primarily for central business district including consumer retail, personal services, offices and similar services that are intended primarily for smaller businesses in a concentrated area of sh…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
