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Financial
Distress signals
Property profile

55431 Franklin Dr Three Rivers, MI 49093

FOR SALE
Industrial properties
Property ID
US43-2481455
3.06 ac lot
Last sale Nov 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
55431 Franklin Dr, Three Rivers, MI 49093 For Sale 1 / 61
$799,000
55431 Franklin Dr, Three Rivers, MI 49093
View Listing

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.

Debts

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?
$8k
Tax billed · 2023
Assessed value · 2024$254k
Assessed land$15k
Assessed improvement$239k
Effective rate3.00%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$509k
Vacancy & credit loss−$14k
Operating expenses−$148k
NOI · 43.35% cap applied$346k

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?
43.35%
$346k 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.

JurisdictionST JOSEPH

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 Supply10.3
Wholesale Shop9.4
Auto Parts Store9.3

Location

55431 Franklin Dr Three Rivers, MI 49093
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17050 M 86, Three Rivers, MI 49093-9319 $160,000 Oct 2025 No data
1234 William R Monroe, Three Rivers, MI 49093-8626 $648,320 Oct 2023 No data
1900 Hov Aire, Three Rivers, MI 49093-1013 $300,000 Mar 2023 No data
205 Us Hwy 131, Three Rivers, MI 49093-9295 $500,000 Jan 2023 77,726 SF
55255 Franklin, Three Rivers, MI 49093-9685 $500,000 May 2022 No data
55355 Franklin, Three Rivers, MI 49093-9685 $50,000 Oct 2021 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

Comparable nearby

  • Value Estimation
    $260,000
    5,194 SF
    1500 Kdf Dr
    INDUSTRIAL (GENERAL)
    1500 Kdf Dr, Three Rivers, MI 49093-9287
    View Details
  • Value Estimation by Request
    77,726 SF
    205 Us-131
    Manufacturing properties
    205 Us-131, Three Rivers, MI 49093
    View Details
  • Value Estimation
    $305,000
    3.00 Acres
    1900 Hov Aire Dr
    INDUSTRIAL (GENERAL)
    1900 Hov Aire Dr, Three Rivers, MI 49093-1013
    View Details
  • Value Estimation
    $310,000
    7.71 Acres
    1101 William R Monroe Blvd
    INDUSTRIAL (GENERAL)
    1101 William R Monroe Blvd, Three Rivers, MI 49093-8648
    View Details
  • Value Estimation by Request
    Three Rivers, MI 49093
    INDUSTRIAL (GENERAL)
    Three Rivers, MI 49093
    View Details
  • Value Estimation by Request
    Three Rivers, MI 49093
    INDUSTRIAL (GENERAL)
    Three Rivers, MI 49093
    View Details

Similar Nearby for Sale

  • $265,000
    6,840 SF
    Light Industrial Distribution Building
    I-1-zoned facility with multiple overhead doors, finished offices, and outdoor yard capacity.
    715 Webber Avenue, Three Rivers, MI 49093
    View Details
  • $169,900
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    Manufacturing Building with Loading Docks
    Industrial facility with flexible space, heavy-duty power, and reinforced upper-level flooring for certain machinery.
    315 7th Avenue, Three Rivers, MI 49093
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  • New
    Contact for pricing
    8,000 SF
    Industrial Warehouse with Fenced Yard
    Industrial facility with dock access, office space, and a secured outdoor area for storage or staging.
    200 E Broadway Street, Three Rivers, MI 49093
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  • Contact for pricing
    40,000 SF
    New Industrial Warehouse
    New construction combines dock access, overhead doors, and climate-controlled space for industrial operations.
    1100 N Main Street, 1170, Three Rivers, MI 49093
    View Details
  • New
    Contact for pricing
    71,121 SF
    Climate-Controlled Manufacturing Facility
    Heavy power, explosion-proof space, and wet fire suppression support a range of industrial operations.
    111 Day Drive, Three Rivers, MI 49093
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  • New
    Contact for pricing
    49,500 SF
    New Warehouse with Dock Doors
    New construction offers climate control, loading access, and parking for manufacturing, distribution, or warehousing operations.
    1100 N Main Street, Combo - 1150 & 1170, Three Rivers, MI 49093
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Similar Nearby for Lease

  • $8 SF/Yr
    8,160 sqft
    Fenced-Yard Flex Space
    Open warehouse configuration with dock access, office space, and a secured outdoor yard.
    200 E Broadway Street, Three Rivers, MI 49093
    View Details
  • $12 SF/Yr
    3,975 sqft
    Flex Space with Outdoor Storage
    Well-maintained commercial space with overhead doors, highway access, and additional land for outdoor storage.
    57582 N Main Street, Three Rivers, MI 49093
    View Details
  • $7 SF/Yr
    148,847 sqft
    Manufacturing Buildings with Heavy Power
    Two industrial facilities offer heavy power, cranes, conditioned space, and separate or combined leasing options.
    111 Day Drive, Three Rivers, MI 49093
    View Details
  • $10 SF/Yr
    49,500 sqft
    New Construction Manufacturing Facility
    Lease opportunity with dock access, overhead doors, and climate control in a redeveloped commercial center.
    1100 N Main Street, Three Rivers, MI 49093
    View Details
  • Contact for pricing
    10,192 sqft
    Manufacturing Building with Loading Docks
    Industrial space with dock access, an overhead door, and 480V/3-phase power.
    315 7th Avenue, Three Rivers, MI 49093
    View Details
  • New
    $8 SF/Yr
    40,000 sqft
    New Industrial Facility with Dock Doors
    Climate-controlled space supports warehousing, distribution, and manufacturing operations.
    1100 N Main St Unit 1170, Three Rivers, MI 49093
    View Details
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