Financial
Distress signals
Property profile

2401 Milham Ave Portage, MI 49002

OFF-MARKET
Other commercial real estate
Property ID
US43-2085737
7,081 SF 0.92 ac lot Built 1979
Last sale Nov 2025 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office building located at the corner of East Milham Avenue and Portage Road. It contains approximately 3,450 square feet of office space arranged with individual offices and provides on-site parking. The space is configured to be divisible into two smaller suites of approximately 1,761 square feet and 1,689 square feet, each with its own private entrance. The property is situated near major employers, including being directly across from Stryker, and about one mile from

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 · 2019

What does the county charge?
$11k
Tax billed · 2019
Assessed value · 2023$465k
Effective rate2.44%

Value estimate

· Sep 2026
$445k
$401k – $490k
Submarket $/SF estimate$1.11M

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

Recently sold

What actually traded nearby?
$131/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$58 – $181
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?
B-3
Intent: The B-3 general business district is designed to provide sites for more diversified businesses and are often located to serve pas...
General categoryCOMMERCIAL
JurisdictionKALAMAZOO

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 agency12.4
Parking Facility10.5
Electrical Service10.2

Location

2401 Milham Ave Portage, MI 49002-3098
County assessor Recorded deeds · 3 transfers 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
7262 Westnedge, Portage, MI 49002-4211 $230,000 Dec 2024 5,243 SF
7017 Westnedge, Portage, MI 49002-4206 $1,345,000 Sep 2024 10,048 SF
7860 Sprinkle, Portage, MI 49002-9429 $550,000 Aug 2024 10,200 SF
8037 Portage, Portage, MI 49002-5721 $1,400,000 Apr 2024 5,755 SF
1209 Milham, Portage, MI 49002-3051 $450,000 Nov 2022 4,909 SF
185 Old Kilgore, Portage, MI 49002-0447 $1,140,000 Jul 2022 4,800 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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