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Property profile

208 Napoleon Rd Michigan Center, MI 49254

FOR SALE
Retail space
Property ID
US43-1245762
1,329 SF 0.23 ac lot Built 1930
Last sale Apr 2013 · $22,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Built in 1977, the retail property at 208 Napoleon Road includes multiple standing coolers, sinks, and a freezer. It features basement space used for additional storage of merchandise, supplies, or equipment. Located in Michigan Center, Michigan, the building is configured for retail use and includes existing fixtures and refrigeration that support food, beverage, and convenience-oriented operations.

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 · 2022

What does the county charge?
$763
Tax billed · 2022
Assessed value · 2023$71k
Effective rate1.07%

Value estimate

· Oct 2026
$55k
$50k – $61k
NOI build-up
Gross scheduled income$16k
Vacancy & credit loss−$3k
Operating expenses−$4k
NOI · 6.79% cap applied$9k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$68/SF
County average, outlier-cleaned · 104 recorded sales of this use type
Observed band · Q1–Q3$34 – $109

Cap rate analysis

How does the asset earn?
6.79%
$9k 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?
B-2 COM
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.2
Law Firm13.5
Dental Office11.6

Location

208 Napoleon Rd Michigan Center, MI 49254
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
110 5th, Michigan Center, MI 49254-1172 $128,800 Apr 2022 1,440 SF
119 5th, Michigan Center, MI 49254-1170 $209,900 Feb 2022 3,200 SF
217 5th, Michigan Center, MI 49254-1166 $25,000 May 2021 1,612 SF
3661 Page, Michigan Center, MI 49254-1021 $145,000 Oct 2019 3,000 SF
105 5th, Michigan Center, MI 49254-1173 $52,000 Apr 2019 1,566 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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