Realmo Analytics

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Property profile

504 Main St Belleville, MI 48111

OFF-MARKET
Retail space
Property ID
US43-4961974
5,812 SF 0.17 ac lot Built 1946
Last sale Sep 2011 · $130,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,895 square foot retail storefront, located at 504 Main St, Belleville, MI 48111, presents a compelling investment opportunity. Built in 1967 and renovated in 2019, the property boasts a prime downtown location with excellent visibility and frontage on Main Street. Currently housing six tenants with an 83% occupancy rate, the property generates a strong net operating income (NOI) of $72,928, resulting in a 9.12% capitalization rate. The asking price is $800,000, translating…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value · 2024$176k
Effective rate5.76%

Value estimate

· Oct 2026
$125k
$113k – $138k
Submarket $/SF estimate$557k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 1022 recorded sales of this use type
Observed band · Q1–Q3$35 – $124
Qualifying comparables12

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

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.

JurisdictionWAYNE

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 Firm14.6
Parking Facility11.6
Wholesale Shop11.4

Location

504 Main St Belleville, MI 48111-3115
County assessor Recorded deeds · 6 transfers 12 qualifying comp sales 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 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
240 Main, Belleville, MI 48111-2644 $100,000 Mar 2023 4,416 SF
17400 Savage, Belleville, MI 48111-9805 $400,000 Jun 2022 5,920 SF
19435 Sumpter, Belleville, MI 48111-8763 $112,000 Feb 2021 9,421 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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