Financial
Distress signals
Property profile

45 Us Hwy 31 Pellston, MI 49769

OFF-MARKET
Commercial real estate
Property ID
US43-3269907
8,027 SF 2.4 ac lot Built 1998
Last sale Aug 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

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

What does the county charge?
Assessed value · 2023$292k
Assessed land$33k
Assessed improvement$259k

Value estimate

· Sep 2026
$325k
$293k – $358k
CAP approach$1.44M
Submarket $/SF estimate$1.21M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$136/SF
County average, outlier-cleaned · 121 recorded sales of this use type
Observed band · Q1–Q3$71 – $201

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
VOP B-2
JurisdictionEMMET

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.0
Convenience Store8.5
Hair Salon8.3

Location

45 Us Hwy 31 Pellston, MI 49769-9333
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
875 Zipf St, Pellston, MI 49769 $660,000 Oct 2025 9,300 SF
944 Us Hwy 31, Pellston, MI 49769-9349 $325,000 Jun 2023 1,784 SF
6352 Main, Pellston, MI 49769 $40,000 Feb 2022 3,080 SF
6009 Ml, Pellston, MI 49769 $60,000 Nov 2019 6,600 SF
182 Stimpson, Pellston, MI 49769 $150,000 Aug 2019 2,768 SF
6416 Airport Xing, Pellston, MI 49769-9090 $250,000 Oct 2018 7,200 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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