Financial
Distress signals
Property profile

227 Winter St Adrian, MI 49221

OFF-MARKET
Commercial real estate
Property ID
US43-5201354
19,888 SF 0.81 ac lot Built 1970
Last sale Aug 2025 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$23k
Tax billed · 2023
Assessed value · 2024$390k
Effective rate5.89%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$56/SF
ZIP average, outlier-cleaned · 121 recorded sales of this use type
Observed band · Q1–Q3$26 – $97

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
The B-3 Central Business District is designed to provide for a restricted variety of retail stores and retail activities and for office b...
General categoryCOMMERCIAL
JurisdictionLENAWEE

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 Service11.1
Electrical Service10.4
Dry Cleaner9.1

Location

227 Winter St Adrian, MI 49221-2066
County assessor Recorded deeds · 5 transfers 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2000 Bent Oak Ave, Adrian, MI 49221-1564 $100,000 Dec 2025 4,680 SF
101 Maumee, Adrian, MI 49221-2703 $1,950,000 Sep 2025 21,218 SF
3176 Ogden, Adrian, MI 49221-9204 $175,000 Apr 2025 8,784 SF
2396 Us Hwy 223, Adrian, MI 49221-9251 $335,000 Mar 2025 4,725 SF
3359 Adrian, Adrian, MI 49221-1173 $128,500 Mar 2025 7,139 SF
1111 Beecher, Adrian, MI 49221-4017 $375,000 Jan 2025 14,212 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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