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Financial
Distress signals
Property profile

505 Monroe St Brooklyn, MI 49230

OFF-MARKET
Other warehouses
Property ID
US43-3858005
19,260 SF 2.01 ac lot
Last sale Dec 2025 · $615,000
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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Property summary

AI-generated overview

The property is an 81-unit self-storage complex located in the Irish Hills area, consisting of five storage buildings on a site of just over 2 acres. The facilities are configured for low-maintenance operation, and the layout allows for potential expansion via construction of an additional sixth building and/or development of outdoor storage space. The complex is positioned near Michigan International Speedway as well as area lakes and vacation destinations, supporting year-round demand characteristics typical of the surrounding market.

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 · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$113k
Effective rate4.61%

Value estimate

· Oct 2026
$175k
$158k – $193k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$44/SF
County average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$24 – $66

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?
I-1
This I-1 district is designed to provide suitable space for light industrial uses which operate in a safe, non-objectionable and efficien...
General categoryINDUSTRIAL
JurisdictionJACKSON

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 Firm9.7
Parking Facility9.7
Electrical Service9.2

Location

505 Monroe St Brooklyn, MI 49230-9520
County assessor Recorded deeds · 4 transfers 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

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
155 Sherman, Brooklyn, MI 49230-9261 $10,000 Jul 2025 4,056 SF
1282 Wamplers Lk, Brooklyn, MI 49230-8519 $720,000 Aug 2024 44,256 SF
Water, Brooklyn, MI 49230 $100,000 Dec 2022 2,400 SF
Wamplers Lk, Brooklyn, MI 49230 $750,000 Nov 2022 10,544 SF
112 Detroit, Brooklyn, MI 49230-9304 $115,000 May 2021 2,680 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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