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Financial
Distress signals
Property profile

20401 Old Us Hwy 12 Chelsea, MI 48118

OFF-MARKET
Manufacturing properties
Property ID
US43-1022766
15,449 SF 2.2 ac lot Built 1977
Last sale Aug 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This flex property is located near the intersection of Old US-12 and M-52, adjacent to the Chelsea Fairgrounds, with access to I-94, downtown Chelsea, and Dexter, and is approximately 20 minutes from Ann Arbor. The building contains 4,130 square feet total, including 512 square feet of office space, and is configured to support machining, contractor, and other light industrial uses. Loading is provided by a grade-level overhead door with a 10-foot clear height plus an additional dock door, and…

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 · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$299k
Effective rate2.49%

Value estimate

· Oct 2026
$335k
$302k – $369k
Submarket $/SF estimate$712k

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

Recently sold

What actually traded nearby?
$65/SF
County average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$46 – $97
Qualifying comparables4

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?
I-1 IN
JurisdictionWASHTENAW

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 Service10.0
Electrical Service9.6
Furniture Store8.8

Location

20401 Old Us Hwy 12 Chelsea, MI 48118-2300
County assessor Recorded deeds · 2 transfers 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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
13600 Luick, Chelsea, MI 48118-9057 $500,000 Jul 2020 11,836 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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