Financial
Distress signals
Property profile

4238 Main St Brown City, MI 48416

FOR LEASE
Other commercial real estate
Property ID
US43-3757130
0.13 ac lot
Last sale Feb 2025 · $65,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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4238 Main St, Brown City, MI 48416 For Lease
$14 SF/Yr 5,200 SF available
4238 Main St, Brown City, MI 48416
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Property summary

AI-generated overview

The property is a 5,200-square-foot commercial building with an open interior layout suitable for retail, office, medical, or service use. It has large storefront windows for street-facing display and is positioned along Main Street (M-90) in a downtown setting. The building has undergone recent exterior and systems improvements, including new siding, a roof replacement, HVAC equipment updates, and installation of LED lighting. Nearby public parking is available to support customer and visitor access.

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 · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2023$68k
Effective rate5.25%

Value estimate

· Sep 2026
$190k
$171k – $209k
NOI build-up
Gross scheduled income$80k
Vacancy & credit loss−$3k
Operating expenses−$23k
NOI · 385,578.57% cap applied$54k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
385,578.57%
$54k 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.

JurisdictionSANILAC

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.8
Nail Salon7.9
Barber Shop7.9

Location

4238 Main St Brown City, MI 48416
County assessor Recorded deeds · 1 transfer 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

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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