Financial
Distress signals
Property profile

2714 Center Ave Essexville, MI 48732

FOR SALE
Other commercial real estate
Property ID
US43-1138119
0.29 ac lot
Last sale Feb 2025 · $105,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

This commercial property has a city-approved permit and approved usage conversion for commercial retail, office, and business use. The building is designed as three separate suites, supporting flexible configuration for multiple occupants. Major improvements were in progress and described as approximately 80% complete, including a roof replacement, structural enhancements, and extensive redevelopment throughout the property. The site includes assigned parking, ADA-compliant accessibility, and…

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 · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$74k
Effective rate17.40%

Value estimate

· Sep 2026
$105k
$95k – $116k
NOI build-up
Gross scheduled income$585k
Vacancy & credit loss−$70k
Operating expenses−$154k
NOI · 135.93% cap applied$360k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$33/SF
Submarket average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$20 – $55

Cap rate analysis

How does the asset earn?
135.93%
$360k estimated NOI · market benchmarks for this use type

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

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.

JurisdictionBAY

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 agency44.3
Building Supply33.3
Restaurant33.2

Location

2714 Center Ave Essexville, MI 48732
County assessor Recorded deeds · 3 transfers Qualifying 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1601 Woodside, Essexville, MI 48732-1458 $45,000 Apr 2025 No data
670 Ctr, Essexville, MI 48732-2030 $130,000 Mar 2025 No data
955 Pne, Essexville, MI 48732-2109 $310,000 Jan 2025 No data
3015 Ctr, Essexville, MI 48732-1703 $2,280,000 Dec 2024 No data
310 Woodside, Essexville, MI 48732-1186 $439,900 Nov 2024 No data
400 Woodside, Essexville, MI 48732-1186 $439,900 Nov 2024 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?”
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