Financial
Distress signals
Property profile

355 Main St Belleville, MI 48111

FOR LEASE
Medical Office Space
Property ID
US43-5282050
2,431 SF 0.28 ac lot Built 1978
Last sale Feb 2007 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This medical office property is located at 355 Main Street in downtown Belleville and was built in 1978. The interior layout includes a reception area, multiple exam rooms, and private offices configured to support medical, wellness, or general office use. The building provides ADA-compliant access. The property is situated in a downtown area near the lake, cafes, pharmacies, Corewell, and local retail shops. It has on-site parking in a private lot behind the building, with additional street parking available nearby.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$7k
Tax billed · 2023
Assessed value · 2024$128k
Effective rate5.82%

Value estimate

· Sep 2026
$325k
$293k – $358k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$3k
Operating expenses−$3k
NOI · 348.71% cap applied$8k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$94/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$63 – $135
Qualifying comparables6

Cap rate analysis

How does the asset earn?
348.71%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.0
HVAC Service10.0
Plumbing Service9.5

Location

355 Main St Belleville, MI 48111
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales 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

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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