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Financial
Distress signals
Property profile

568 W Center Rd Essexville, MI 48732

FOR SALE
Commercial real estate
Property ID
US43-0899964
0.53 ac lot
Last sale Aug 2023 · $120,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 568 W Center Rd, Essexville, MI 48732, offers 1,400 square feet of meticulously renovated space (2024). The single-tenant building, situated on a 5.3-acre lot, boasts a convenient location with high visibility on a busy highway and excellent signage opportunities. Originally constructed in 1965, the two-story building has undergone a complete renovation in 2024, ensuring modern amenities and functionality. The property includes 30 parking…

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?
$4k
Tax billed · 2023
Assessed value · 2024$102k
Effective rate4.21%

Value estimate

· Oct 2026
$125k
$113k – $138k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$2k
Operating expenses−$16k
NOI · 11.31% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$34/SF
County average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$20 – $59

Cap rate analysis

How does the asset earn?
11.31%
$19k 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.

JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.1
Building Supply11.7
Restaurant10.7

Location

568 W Center Rd Essexville, MI 48732
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
1601 Woodside, Essexville, MI 48732-1458 $45,000 Apr 2025 No data
670 Ctr, Essexville, MI 48732-2030 $130,000 Mar 2025 No data
2714 Ctr, Essexville, MI 48732-1702 $105,000 Feb 2025 No data
955 Pne, Essexville, MI 48732-2109 $310,000 Jan 2025 No data
3015 Ctr, Essexville, MI 48732-1703 $2,280,000 Dec 2024 No data
310 Woodside, Essexville, MI 48732-1186 $439,900 Nov 2024 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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