Realmo Analytics

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Property profile

215 Michigan Ave Paw Paw, MI 49079

OFF-MARKET
Retail space
Property ID
US43-2449548
2,414 SF 0.04 ac lot Built 1880
Last sale Jul 2022
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 215 W Michigan Avenue, this commercial building is configured for retail use with flexibility for office usage. The property has approximately 198 feet of frontage along Red Arrow Highway, providing a highway-facing position suitable for commercial 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 · 2020

What does the county charge?
$2k
Tax billed · 2020
Assessed value · 2023$40k
Effective rate5.50%

Value estimate

· Oct 2026
$130k
$117k – $143k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
County average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$43 – $167
Qualifying comparables3

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?
VILLAGE
JurisdictionVAN BUREN

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 Service10.1
Dental Office9.4
Parking Facility9.3

Location

215 Michigan Ave Paw Paw, MI 49079-1427
County assessor Recorded deeds · 1 transfer 3 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
200 Michigan, Paw Paw, MI 49079-1409 $48,000 Dec 2024 1,680 SF
109 Gremps, Paw Paw, MI 49079-1331 $62,500 Nov 2024 2,384 SF
927 Michigan, Paw Paw, MI 49079-9488 $68,849 Feb 2024 3,250 SF
29530 M 43, Paw Paw, MI 49079-8407 $95,000 Jan 2024 2,204 SF
37687 Red Arrow, Paw Paw, MI 49079-9383 $175,000 May 2023 3,300 SF
32140 M 40, Paw Paw, MI 49079-8571 $1,400,000 Dec 2021 2,240 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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