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Property profile

2987 Blue Star Hwy Douglas, MI 49406

OFF-MARKET
Office buildings
Property ID
US43-2625800
5,525 SF 1.9 ac lot Built 1998
Last sale Dec 2017 · $432,000
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$313k
Assessed land$91k
Assessed improvement$222k

Value estimate

· Oct 2026
$360k
$324k – $396k
Submarket $/SF estimate$664k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
County average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$44 – $146
Qualifying comparables3

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-2A SPEC COMM
JurisdictionALLEGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.2
Kitchen & Bath8.0
Dental Office7.7

Location

2987 Blue Star Hwy Douglas, MI 49406-5207
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales 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

2 recorded sales · 9 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
165 Blue Star, Douglas, MI 49406-5139 $300,000 Aug 2023 4,649 SF
2902 Blue Star, Douglas, MI 49406 $305,000 Apr 2019 4,560 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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