Financial
Distress signals
Property profile

2996 Ionia Rd Vermontville, MI 49096

OFF-MARKET
Retail space
Property ID
US43-2351012
1,850 SF 2.6 ac lot
Last sale Jul 2021 · $170,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Mommas Corner Store is a commercial property in Vermontville, Michigan, known as a community landmark since 1931. The site comprises approximately 2.6 acres and is zoned C1 for commercial uses. A 1,900-square-foot building is located on the main corridor between Nashville and Vermontville, near Maple Valley Schools. The zoning supports commercial use including a grocery and convenience store, as well as individual or general retail uses.

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?
$2k
Tax billed · 2023
Assessed value · 2024$54k
Effective rate3.06%

Value estimate

· Sep 2026
$95k
$86k – $105k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$42/SF
County average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$22 – $61
Qualifying comparables5

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?
C1
JurisdictionEATON

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand index
Furniture Store8.5
Convenience Store8.5

Location

2996 Ionia Rd Vermontville, MI 49096-9597
County assessor Recorded deeds · 2 transfers 5 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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
152 Main St, Vermontville, MI 49096 $20,000 Dec 2023 1,344 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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