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Financial
Distress signals
Property profile

5556 E M 21 Saint Johns, MI 48879

FOR SALE
Turn key restaurants
Property ID
US43-2038313
4,250 SF 20 ac lot
Last sale Dec 2003 · $216,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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 · 2018

What does the county charge?
$5k
Tax billed · 2018
Assessed value · 2024$267k
Assessed land$111k
Assessed improvement$156k
Effective rate1.80%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$335k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$5k
Operating expenses−$10k
NOI · 4.70% cap applied$24k

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?
4.70%
$24k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
C-2
It is intended to provide and allow for planned and coordinated development uses that complement adjoining uses and harmonize with the su...
General categoryCOMMERCIAL
JurisdictionCLINTON

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand index
Garden Center8.2
Catering Service8.1
Department Store5.5

Location

5556 E M 21 Saint Johns, MI 48879
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
305 Railroad, Saint Johns, MI 48879-1443 $70,000 Mar 2025 2,000 SF
206 Clinton, Saint Johns, MI 48879-1754 $140,000 Feb 2025 4,278 SF
1201 127th, Saint Johns, MI 48879 $405,000 Aug 2023 4,425 SF
205 Brush, Saint Johns, MI 48879-2512 $3,519 Feb 2021 2,408 SF
1861 Scott, Saint Johns, MI 48879-9039 $135,000 Dec 2020 3,132 SF
605 Us Hwy 27, Saint Johns, MI 48879-1133 $64,000 Apr 2019 1,884 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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