Property profile

215 State St Colon, MI 49040

OFF-MARKET
Commercial real estate
Property ID
US43-2272121
1.14 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.14 ac (49,658 SF)
APN 041-777-006-00
UPID US43-2272121

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership Auto Repair Shop

Location

215 State St Colon, MI 49040-9433
Colon metro Census 41302 STURGIS, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2020
Last sale
$175,000
1 recorded transaction
2020
$175,000

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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