Financial
Distress signals
Property profile

5071 N Dixie Hwy Newport, MI 48166

FOR LEASE
Retail space
Property ID
US43-0191261
7,216 SF 1.55 ac lot Built 2003
Last sale May 2014 · $209,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial retail unit located in a strip mall in Newport, Michigan. The center unit provides approximately 1,650 square feet of retail space and has entrances on N. Dixie Hwy and Williams Rd, supporting street-level access and visibility. The site includes an asphalt parking lot and sits on a 1.45-acre lot.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$279k
Effective rate4.14%

Value estimate

· Sep 2026
$215k
$194k – $237k
Sales comparison$564k
NOI build-up
Gross scheduled income$11k
Vacancy & credit loss−$969
Operating expenses−$3k
NOI · 859.06% cap applied$7k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$37 – $102

Cap rate analysis

How does the asset earn?
859.06%
$7k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.1
Dental Office12.5
Law Firm12.2

Location

5071 N Dixie Hwy Newport, MI 48166
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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

5 recorded sales · 9 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5898 Trombley, Newport, MI 48166-9103 $200,000 Mar 2025 14,140 SF
4990 Dixie, Newport, MI 48166-9607 $123,000 Oct 2024 1,392 SF
4739 Dewey, Newport, MI 48166-9663 $55,000 Jul 2022 1,004 SF
7600 Telegraph, Newport, MI 48166-9435 $300,000 Sep 2021 4,950 SF
7850 Telegraph, Newport, MI 48166-9425 $110,000 Dec 2020 4,242 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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