Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

5505 Main St Dryden, MI 48428

FOR SALE
Other commercial real estate
Property ID
US43-4324351
7,000 SF 0.13 ac lot
Last sale Mar 2026 · $535,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Located at 5505 Main Street in downtown Dryden on a corner lot, this historic mixed-use property was constructed in 1900 and features original brickwork and plank flooring. The main level is configured as a bar and restaurant, including an original Stroh’s wooden bar and a bar/serving area, and it was operated with a Class C liquor license. An upstairs 1-bedroom apartment provides residential space, along with additional finished and unfinished storage areas that allow for flexible use. The property is approximately 7,000 property-size units with a lot size of 0.13 acres.

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?
$5k
Tax billed · 2023
Assessed value · 2024$126k
Effective rate3.95%

Value estimate

· Oct 2026
$230k
$207k – $253k
NOI build-up
Gross scheduled income$126k
Vacancy & credit loss−$23k
Operating expenses−$26k
NOI · 14.78% cap applied$78k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
County average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$31 – $122
Qualifying comparables5

Cap rate analysis

How does the asset earn?
14.78%
$78k 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.

JurisdictionLAPEER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply11.1
Auto Repair Shop10.6
Realty agency10.4

Location

5505 Main St Dryden, MI 48428
County assessor Recorded deeds · 4 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5621 Main, Dryden, MI 48428-9007 $20,000 Nov 2024 4,772 SF
5137 Dryden, Dryden, MI 48428-9713 $80,000 May 2024 2,851 SF
5121 Dryden, Dryden, MI 48428-9713 $160,000 Oct 2023 7,644 SF
5510 Main, Dryden, MI 48428-9414 $125,000 Mar 2023 2,568 SF
5508 Main, Dryden, MI 48428-9414 $70,000 Apr 2021 4,240 SF
5800 Dryden, Dryden, MI 48428 $140,000 Dec 2018 6,554 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved