Financial
Distress signals
Property profile

2598 Oceana Dr Shelby, MI 49455

OFF-MARKET
Other commercial real estate
Property ID
US43-3777391
0.54 ac lot
Last sale Feb 2021 · $35,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in Shelby, Michigan, the property includes an approximately 5,000-square-foot structure with wood-clad, cinderblock exterior walls and a slab foundation. The building sits on a 0.57-acre lot and offers space that can support parking and potential future expansion. A roof replacement was completed in 2021. The property has been previously used as a restaurant and was later gutted and utilized as a warehouse and woodshop beginning in 2021. The site has frontage and/or access via Oceana Dr, and it is positioned with the rail trail running behind the building.

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 · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value$44k
Assessed land$9k
Assessed improvement$35k
Effective rate3.37%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionOCEANA

Location intelligence

Which uses thrive at this corner?
Best fit: Gym & Fitness
Demand index
Gym & Fitness7.0
Auto Parts Store8.3
Storage Facility8.3

Location

2598 Oceana Dr Shelby, MI 49455-9210
County assessor Recorded deeds · 6 transfers Comp sales · not on file 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 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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