Financial
Distress signals
Property profile

2502 Michigan Ave Ypsilanti, MI 48198

OFF-MARKET
Warehouses
Property ID
US43-1709628
7,465 SF 1.07 ac lot Built 1967
Last sale Apr 2026 · $355,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7,465 square foot industrial property in Ypsilanti, Michigan, sits on a 1.07-acre lot and is offered at $1,000,000. The building has undergone a complete renovation, making it move-in ready for a variety of businesses. Features include ample office space, a dedicated showroom area, and substantial storage within an attached warehouse. Access to the warehouse is provided by a generously sized 18' wide by 14' high overhead door, perfect for loading and unloading larger

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

What does the county charge?
Assessed value · 2024$272k

Value estimate

· Sep 2026
$315k
$284k – $347k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$85/SF
County average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$58 – $112
Qualifying comparables5

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWASHTENAW

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency20.2
Restaurant16.1
Law Firm15.7

Location

2502 Michigan Ave Ypsilanti, MI 48198-6057
County assessor Recorded deeds · 13 transfers 5 qualifying comp sales Zoning catalog · not on file

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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2727 Michigan, Ypsilanti, MI 48198-6056 $225,000 Mar 2025 7,800 SF
1585 Beverly, Ypsilanti, MI 48198-9201 $250,000 Mar 2023 5,120 SF
2890 Tyler, Ypsilanti, MI 48198-6184 $580,000 Feb 2022 13,600 SF
300 Frd, Ypsilanti, MI 48198-6067 $330,000 Aug 2020 5,183 SF
1106 Michigan, Ypsilanti, MI 48198-5881 $150,000 Jul 2020 9,252 SF
1160 Watson, Ypsilanti, MI 48198-9202 $290,000 Jul 2019 7,320 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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