Financial
Distress signals
Property profile

2961 Sterns Rd Erie, MI 48133

OFF-MARKET
Commercial real estate
Property ID
US43-1324184
952 SF 1 ac lot Built 1975
Last sale Dec 2025
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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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?
$1k
Tax billed · 2023
Assessed value$40k
Effective rate2.97%

Value estimate

· Sep 2026
$100k
$90k – $110k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
County average, outlier-cleaned · 95 recorded sales of this use type
Observed band · Q1–Q3$45 – $119

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?
C-W=WTR FR
JurisdictionMONROE

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 Supply9.2
Plumbing Service8.7
Auto Repair Shop8.1

Location

2961 Sterns Rd Erie, MI 48133-9688
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2949 Sterns, Erie, MI 48133-9688 $97,611 Nov 2024 720 SF
12271 Telegraph, Erie, MI 48133-9722 $50,000 Oct 2022 2,336 SF
10725 Dixie, Erie, MI 48133-9369 $268,000 Aug 2020 2,665 SF
6357 Telegraph, Erie, MI 48133-9434 $62,500 Dec 2019 1,200 SF
2899 Algonquin, Erie, MI 48133-9445 $64,000 Oct 2019 576 SF
6300 Edgewater, Erie, MI 48133-9406 $75,000 Dec 2018 6,696 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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