Financial
Distress signals
Property profile

207 N Michigan Ave Howell, MI 48843

FOR LEASE
Commercial real estate
View Listing
Property ID
US43-1979588
12,350 SF 0.45 ac lot Built 2002
Last sale Apr 2021 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office building, located at 207 N Michigan Ave in Howell, Michigan, presents a rare opportunity for businesses seeking premium executive office space. Built in 2002, this two-story building boasts a total of 12,350 square feet, offering multiple tenancy options. Currently, there are 4,393 square feet of vacant space available, divisible into units ranging from a minimum of 1,108 square feet to a maximum contiguous space of 2,773 square feet. The building is zoned PUD

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.

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?
$44k
Tax billed · 2023
Assessed value · 2024$1.31M
Effective rate3.37%

Value estimate

· Sep 2026
$1.52M
$1.36M – $1.67M
CAP approach$1.41M
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$17k
Operating expenses−$14k
NOI · 258,187.50% cap applied$41k

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

Recently sold

What actually traded nearby?
$131/SF
ZIP average, outlier-cleaned · 114 recorded sales of this use type
Observed band · Q1–Q3$70 – $209
Qualifying comparables4

Cap rate analysis

How does the asset earn?
258,187.50%
$41k 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?
PUD
Planned unit development (PUD) regulations are intended to provide for various types of land uses planned in a manner which shall encoura...
General categoryPLANNED_DEVELOPMENT
JurisdictionLIVINGSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.3
Smoke and Vape Shop9.9
Storage Facility9.5

Location

207 N Michigan Ave Howell, MI 48843
County assessor Recorded deeds · 8 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
202 Michigan, Howell, MI 48843-3223 $635,000 Feb 2026 4,858 SF
4944 Mason, Howell, MI 48843-9697 $675,000 May 2025 42,434 SF
117 Michigan, Howell, MI 48843-2201 $213,000 May 2025 3,520 SF
112 Grand Riv, Howell, MI 48843-2268 $492,500 May 2025 4,048 SF
5640 Highland, Howell, MI 48843-9716 $800,000 Jan 2025 15,278 SF
111 Grand Riv, Howell, MI 48843-2236 $625,000 Jan 2025 5,742 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?”
More about this property
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