Property profile

5692 Us Highway 31 Levering, MI 49755

FOR SALE
Commercial real estate
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Property ID
US43-3048300
5,253 SF 1.11 ac
Last sale Jul 2019·$200,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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. 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

What does the county charge?
Assessed value · 2023$116k
Assessed land$18k
Assessed improvement$99k

Value estimate

· Nov 2026
$305k
$275k – $336k
AI approach$285k
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$4k
Operating expenses−$31k
NOI · 7.59% cap applied$38k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$136/SF
County average, outlier-cleaned · 121 recorded sales of this use type
Observed band · Q1–Q3$71 – $201

Cap rate analysis

How does the asset earn?
7.59%
$38k 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?
EC B-2
JurisdictionEMMET

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store8.2
Florist7.7
Building Supply7.4

Location

5692 Us Highway 31 Levering, MI 49755
County assessor Recorded deeds · 2 transfers 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
1431 Sturgeon Bay, Levering, MI 49755-9786 $205,000 Mar 2024 3,120 SF
5912 Robinson, Levering, MI 49755-9800 $122,000 Aug 2022 840 SF
5915 Robinson, Levering, MI 49755-9800 $40,000 Jun 2022 No data
2514 Us Hwy 31, Levering, MI 49755-9389 $6,000 Sep 2021 3,048 SF
5716 Us Hwy 31, Levering, MI 49755-9778 $23,000 Aug 2020 3,429 SF
5606 Us Hwy 31, Levering, MI 49755-9399 $20,000 Jan 2020 1,512 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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