415 Superior St Albion, MI 49224-2174
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Homestead Savings Bank Bank Loan Service
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Capital Library Co-Op Community Center
The Central Business District is intended to provide for a variety of retail and office services which serve the needs of a consumer trade area that extends beyond the corporate boundaries of the City. This district is characterized by intense pedestrian activity and a unified architectural scale. The district regulations are designed for these purposes to p…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Albion, MIThe Central Business District is intended to provide for a variety of retail and office services which serve the needs of a consumer trade area that extends beyond the corporate boundaries of the City. This district is characterized by intense pedestrian activity and a unified architectural scale. The district regulations are designed for these purposes to promote convenient comparison shopping by pedestrians for retail goods and business, professional, and personal services, to provide for the stability of retail development by encouraging a continuous retail frontage and by prohibiting automotive related uses and services, to provide for more employment in the district and to promote the full utilization of downtown buildings, including the second or third floors for possible residential use and to protect the district from over congestion of the traffic pattern, while providing adequate automobile access to, and parking in, the area, to protect and enhance the value of property within the district.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.