Technical
Financial
Distress signals
Property profile

47447 M 51 Decatur, MI 49045

OFF-MARKET
Retail space
Property ID
US43-2268544
3,924 SF 2 ac lot Built 1999
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Total area 3,924 SF
Lot 2 ac (87,120 SF)
Zoning code C-2
APN 80-10-025-004-67
UPID US43-2268544

Cap rate & NOI

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

Location

47447 M 51 Decatur, MI 49045-9016
Decatur metro Census 11500 KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2020
Last sale
$159,000
4 recorded transactions
2025
Price N/A
2020
$159,000
2018
Price N/A
2017
$57,000

Zoning & alternative use

C-2 · Decatur, MI

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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