Realmo Analytics

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Financial
Distress signals
Property profile

203 E Adrian St Blissfield, MI 49228

FOR SALE
Other industrial properties
Property ID
US43-1073208
15,210 SF 0.39 ac lot Built 1920
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 at 203 E Adrian St in Blissfield, Michigan is an industrial-use asset classified under industrial and other industrial property types. Its defining characteristics include its designation for industrial use within the local property classification system, reflecting suitability for industrial-oriented functions.

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.

Debts

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?
$4k
Tax billed · 2023
Assessed value · 2024$124k
Effective rate3.13%

Value estimate

· Oct 2026
$405k
$365k – $446k
NOI build-up
Gross scheduled income$317k
Vacancy & credit loss−$32k
Operating expenses−$86k
NOI · 36.63% cap applied$200k

Realmo valuation models over county records and 4 qualifying comparable sales.

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?
36.63%
$200k 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?
C-3
Thisdistrictis intended to provide sufficient space in appropriate locations for a wide variety ofcommercialservice and administrative es...
General categoryCOMMERCIAL
JurisdictionLENAWEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency12.3
Law Firm11.5
Dental Office11.2

Location

203 E Adrian St Blissfield, MI 49228
County assessor Recorded deeds · not on file 4 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

3 recorded sales · 8 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 Adrian, Blissfield, MI 49228-1205 $152,000 Sep 2024 18,320 SF
244 Sugar, Blissfield, MI 49228-1368 $80,000 Feb 2023 6,240 SF
245 Jipson, Blissfield, MI 49228-1331 $2,883,500 Jan 2022 53,619 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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