Technical
Financial
Distress signals
Property profile

425 Michigan Ave Beulah, MI 49617

OFF-MARKET
Other commercial real estate
Property ID
US43-4089748
0.56 ac lot Built 1977
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

A professional office building in Beulah, Michigan, positioned on US-31 with 147 feet of road frontage near Crystal Lake. The property sits on a 0.55-acre site and includes a total of 3,728 square feet of office space configured for four separate business units, allowing for multi-tenant occupancy or leasing of individual units. The site provides ample on-site parking and is positioned for visibility to daily traffic along US-31.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Lot 0.56 ac (24,437 SF)
APN 02-516-015-00
UPID US43-4089748

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician
  • Medical Clinic
  • Hair Salon

Location

425 Michigan Ave Beulah, MI 49617-9560
Beulah metro Census 200 TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$250k

Owner & transaction history

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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