Financial
Distress signals
Property profile

2511 N Parma Rd Parma, MI 49269

FOR SALE
Other commercial real estate
Property ID
US43-0336372
2 ac lot
Last sale Dec 2008 · $85,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a combined former automotive repair facility and self-storage facility situated on 2.11 acres in Sandstone Township, located near the I-94 interchange at 2511 N Parma Road. The automotive portion consists of a building constructed in 1993 with three service bays and two vehicle pits, configured for vehicle-related operations or other commercial uses. An 18-unit self-storage building is included on the same site. The property provides on-site parking and outdoor storage areas for additional use.

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 · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$108k
Effective rate4.29%

Value estimate

· Sep 2026
$90k
$81k – $99k
NOI build-up
Gross scheduled income$53k
Vacancy & credit loss−$5k
Operating expenses−$14k
NOI · 7.67% cap applied$33k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$33 – $105

Cap rate analysis

How does the asset earn?
7.67%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2 GEN
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.6
HVAC Service9.1
Realty agency9.0

Location

2511 N Parma Rd Parma, MI 49269
County assessor Recorded deeds · 3 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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
180 Harrington, Parma, MI 49269-9707 $166,500 Jul 2023 No data
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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