Financial
Distress signals
Property profile

310 Blue Star Hwy Douglas, MI 49406

OFF-MARKET
Grocery and convenience stores
Property ID
US43-2607157
8,615 SF 1.13 ac lot
Last sale Oct 2008 · $1,053,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use property consists of a ground-floor specialty market and two upstairs short-term rental units, with approximately 8,824 square feet allocated to the market and about 1,886 square feet for the rental component. The building, including an expansion, was completed in 2020 and is configured to support both retail operations and guest accommodations. The property includes event space and outdoor seating, supported by more than 6,000 square feet of outdoor entertaining area. The site

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

What does the county charge?
Assessed value · 2024$442k
Assessed land$54k
Assessed improvement$388k

Value estimate

· Sep 2026
$475k
$428k – $523k
CAP approach$1.38M
Submarket $/SF estimate$776k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$127/SF
County average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$41 – $220

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

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.

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

310 Blue Star Hwy Douglas, MI 49406-5139
County assessor Recorded deeds · 9 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

4 recorded sales · 8 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
98 Ctr, Douglas, MI 49406-5110 $880,000 Jan 2025 3,032 SF
150 Ctr, Douglas, MI 49406-5155 $255,110 Feb 2024 1,617 SF
155 Blue Star, Douglas, MI 49406-5139 $150,000 Apr 2023 2,785 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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