Financial
Distress signals
Property profile

311 W Adrian St Blissfield, MI 49228

FOR SALE
Other commercial real estate
Property ID
US43-1308368
2,560 SF 0.17 ac lot
Last sale Jun 2024 · $35,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a 2,600-square-foot commercial building in Blissfield, Michigan, with the listed square footage being adjustable to accommodate changing requirements. The building is located on a busy street and is configured to support office or retail uses, making it suitable for a range of business operations.

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?
$3k
Tax billed · 2023
Assessed value · 2024$93k
Effective rate3.09%

Value estimate

· Sep 2026
$185k
$167k – $204k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 1,799.33% cap applied$27k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$49 – $73
Qualifying comparables9

Cap rate analysis

How does the asset earn?
1,799.33%
$27k 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
Thisdistrictis intended to encompass the retail, service, and administrative establishments which form the central businessdistrictand wh...
General categoryCOMMERCIAL
JurisdictionLENAWEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency10.9
Parking Facility10.1
Law Firm9.7

Location

311 W Adrian St Blissfield, MI 49228
County assessor Recorded deeds · 2 transfers 9 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
117 Adrian, Blissfield, MI 49228-1201 $145,000 Jun 2025 2,660 SF
203 Ln, Blissfield, MI 49228-1242 $125,000 Nov 2024 2,476 SF
102 Adrian, Blissfield, MI 49228-1202 $260,000 Oct 2024 3,655 SF
177 Brooke, Blissfield, MI 49228-8601 $360,000 Dec 2023 3,600 SF
135 Ln, Blissfield, MI 49228-1207 $200,000 Oct 2023 3,696 SF
204 Ln, Blissfield, MI 49228-1243 $165,000 Feb 2023 3,090 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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