Financial
Distress signals
Property profile

542 State Rd Vassar, MI 48768

OFF-MARKET
Commercial real estate
Property ID
US43-2094608
4 ac lot
Last sale Oct 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 6,500 square foot commercial property, located just outside Vassar city limits, offers a unique leasing opportunity. The single-story building features three suites, with 3,900 square feet currently available for lease. The largest contiguous space available is also 3,900 square feet, ideal for a single tenant or easily divisible for multiple occupants. The building boasts a desirable open floor plan, previously occupied by an insurance office, offering flexibility for…

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 · 2020

What does the county charge?
$7k
Tax billed · 2020
Assessed value · 2023$140k
Effective rate5.06%

Value estimate

· Sep 2026
$285k
$257k – $314k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionTUSCOLA

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 Firm9.8
Realty agency9.4
Electrical Service9.3

Location

542 State Rd Vassar, MI 48768-9274
County assessor Recorded deeds · 2 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Bray, Vassar, MI 48768 $800,000 Feb 2026 No data
112 Cass, Vassar, MI 48768-1305 $127,000 Dec 2025 No data
126 Huron, Vassar, MI 48768-1313 $40,000 Oct 2025 No data
6532 Bray, Vassar, MI 48768-8817 $350,000 Aug 2025 No data
81 Enterprise Dr, Vassar, MI 48768-9602 $550,000 Jun 2025 No data
690 State Rd, Vassar, MI 48768-9209 $225,000 Jun 2025 No data
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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