Financial
Distress signals
Property profile

2991 N Williamston Rd Williamston, MI 48895

FOR SALE
Retail space
Property ID
US43-5161202
2.5 ac lot Built 2012
Last sale Nov 2011 · $901,744
Trust Owned Owner of record is a trust. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional offering presents up to 46.86 acres of vacant land ideally situated within the Williamston/I-96 Business Park in Ingham County, Michigan. The property boasts a highly desirable location, just one-half mile north of I-96, providing unparalleled access to major transportation arteries, and one mile south of the charming town of Williamston. Zoned for industrial use, this land is perfectly suited for a variety of development projects, including distribution centers,…

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?
$19k
Tax billed · 2022
Assessed value · 2023$297k
Assessed land$117k
Assessed improvement$180k
Effective rate6.52%

Value estimate

· Sep 2026
$355k
$320k – $391k
AI approach$355k
NOI build-up
Gross scheduled income$203k
Vacancy & credit loss−$36k
Operating expenses−$50k
NOI · 5.97% cap applied$116k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
County average, outlier-cleaned · 136 recorded sales of this use type
Observed band · Q1–Q3$43 – $117

Cap rate analysis

How does the asset earn?
5.97%
$116k 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
Section 74-2.307 C-2 General Business District STATEMENT OF PURPOSE The C-2 general business district is intended to permit retail busine...
General categoryCOMMERCIAL
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.4
Wholesale Shop11.2
Law Firm11.1

Location

2991 N Williamston Rd Williamston, MI 48895
County assessor Recorded deeds · 8 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120 High, Williamston, MI 48895-1451 $189,500 Jan 2026 936 SF
111 Grand Riv, Williamston, MI 48895-1317 $106,500 Mar 2024 4,596 SF
115 Grand Riv, Williamston, MI 48895-1357 $332,500 Mar 2023 2,450 SF
146 Grand Riv, Williamston, MI 48895-1318 $143,800 Jan 2022 1,870 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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