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Financial
Distress signals
Property profile

580 Mansfield St Ypsilanti, MI 48197

OFF-MARKET
Other industrial properties
Property ID
US43-1586889
12,310 SF 2.04 ac lot Built 1998
Last sale Mar 2015 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a specialty facility configured for cannabis cultivation and processing. It is located at 580 S Mansfield St in Ypsilanti, Michigan 48197.

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 · 2019

What does the county charge?
$27k
Tax billed · 2019
Assessed value · 2024$407k
Effective rate6.62%

Value estimate

· Oct 2026
$515k
$464k – $567k
Submarket $/SF estimate$928k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
County average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$46 – $97
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PMD
General categoryINDUSTRIAL
JurisdictionWASHTENAW

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 agency23.2
Law Firm20.5
Building Supply20.5

Location

580 Mansfield St Ypsilanti, MI 48197-5166
County assessor Recorded deeds · 8 transfers 10 qualifying comp sales 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
624 Mansfield, Ypsilanti, MI 48197-5188 $790,718 Oct 2024 10,200 SF
877 Ann, Ypsilanti, MI 48197-2474 $640,000 Apr 2024 7,600 SF
626 Huron, Ypsilanti, MI 48197-2478 $1,225,000 Aug 2022 9,730 SF
5345 Michigan, Ypsilanti, MI 48197-4900 $1,095,505 May 2022 10,500 SF
663 Mansfield, Ypsilanti, MI 48197-5156 $1,000,000 Mar 2022 14,400 SF
435 Joe Hall, Ypsilanti, MI 48197-7523 $875,000 Jul 2020 10,941 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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