$13 SF/Yr 18,120 SF available

415 Wiley Rd, Douglas, MI 49406
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An office property in a 1954 building, configured with more than 2,200 square feet of professional space. The interior layout supports up to six private offices or treatment rooms, along with a reception area, break room, and an additional storage or lab area. The unit includes two restrooms, one of which is a private staff bathroom. The building is located at the intersection of Blue Star Highway and Wiley Road in the City of the Village of Douglas, and features on-site parking for staff and visitors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Nov 2026

$1.53M

$1.37M – $1.68M

Submarket $/SF estimate$1.76M

NOI build-up

Gross scheduled income$309k

Vacancy & credit loss−$43k

Operating expenses−$67k

NOI · 1,535,507.69% cap applied$200k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$97/SF

County average, outlier-cleaned · 28 recorded sales of this use type

Observed band · Q1–Q3$44 – $146

Cap rate analysis

How does the asset earn?

1,535,507.69%

$200k 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?

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 & Bath7.9

Bike Shop7.7

415 Wiley Rd Douglas, MI 49406

County assessor · not on file Recorded deeds · not on file 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

2 recorded sales · 10 properties nearby

Address Sale price Sold Size

165 Blue Star, Douglas, MI 49406-5139 $300,000 Aug 2023 4,649 SF

2902 Blue Star, Douglas, MI 49406 $305,000 Apr 2019 4,560 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

Value Estimation
$555,000

5,600 SF

86 Ctr St

OFFICE BUILDING

86 Ctr St, Douglas, MI 49406-5110

View Details
Value Estimation
$695,000

5,525 SF

2987 Blue Star Hwy

OFFICE BUILDING

2987 Blue Star Hwy, Douglas, MI 49406-5207

View Details
Value Estimation
$500,000

4,649 SF

165 Blue Star Hwy

OFFICE BUILDING

165 Blue Star Hwy, Douglas, MI 49406-5139

View Details
Value Estimation
$370,000

4,560 SF

2902 Blue Star Hwy

OFFICE BUILDING

2902 Blue Star Hwy, Douglas, MI 49406

View Details
Value Estimation
$710,000

4,382 SF

202 Ctr St

OFFICE BUILDING

202 Ctr St, Douglas, MI 49406-5112

View Details
Value Estimation
$695,000

4,272 SF

45 Blue Star Hwy

OFFICE BUILDING

45 Blue Star Hwy, Douglas, MI 49406-5133

View Details

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415 Wiley Rd Douglas, MI 49406

Property summary