Financial
Distress signals
Property profile

205 Steele St Ionia, MI 48846

OFF-MARKET
Commercial real estate
Property ID
US43-2118129
6,500 SF 0.46 ac lot
Last sale Nov 2024 · $200,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$66k
Assessed land$21k
Assessed improvement$45k
Effective rate5.85%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
Itis intended to provide sites for more diversified business types that are often incompatible with the pedestrian movement in the B-1 Ne...
General categoryCOMMERCIAL
JurisdictionIONIA

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store8.1
Wholesale Shop9.2
Auto Parts Store9.4

Location

205 Steele St Ionia, MI 48846-2005
County assessor Recorded deeds · 1 transfer 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

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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