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Financial
Distress signals
Property profile

427 E Main St Lowell, MI 49331

FOR LEASE
Other commercial real estate
Property ID
US43-0946333
1,188 SF 0.2 ac lot Built 1955
Last sale Apr 2026 · $210,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
427 E Main St, Lowell, MI 49331 For Lease
$2,200/Mo 1,188 SF available
427 E Main St, Lowell, MI 49331
View Listing

Property summary

AI-generated overview

This retail or office building is located in downtown Lowell, Michigan, on a corner lot with frontage and visibility along Main Street. The property is configured with two overhead drive-in doors (previously covered) and includes ample parking. It has Walk Score and Bike Score ratings indicating somewhat walkable and somewhat bikeable surroundings. The building was designed for retail and/or office use and is set up to provide direct vehicle access through the drive-in doors.

Ownership intelligence

Who controls the opportunity?

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

Debts

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 · 2019

What does the county charge?
$4k
Tax billed · 2019
Assessed value · 2023$70k
Effective rate5.45%

Value estimate

· Oct 2026
$80k
$72k – $88k
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$2k
Operating expenses−$4k
NOI · 539.55% cap applied$12k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
County average, outlier-cleaned · 593 recorded sales of this use type
Observed band · Q1–Q3$43 – $131
Qualifying comparables3

Cap rate analysis

How does the asset earn?
539.55%
$12k 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?
C2
General categoryCOMMERCIAL
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.1
Auto Parts Store10.5
Realty agency10.3

Location

427 E Main St Lowell, MI 49331
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2345 Bowes, Lowell, MI 49331-9562 $182,500 Sep 2024 1,838 SF
608 Main, Lowell, MI 49331-1621 $110,000 Apr 2024 746 SF
503 Main, Lowell, MI 49331-1717 $390,000 Jan 2024 1,392 SF
513 Main, Lowell, MI 49331-1717 $390,000 Jan 2024 864 SF
104 Main, Lowell, MI 49331-1606 $75,000 Jul 2023 2,456 SF
205 Main, Lowell, MI 49331-1711 $60,000 Jan 2022 1,740 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
6 properties of the same type nearby
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