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Financial
Distress signals
Property profile

600 S Lincoln St Augusta, MI 49012

FOR SALE
Other commercial real estate
Property ID
US43-2066359
1,680 SF 1.2 ac lot
Last sale Sep 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of four separate buildings in an office/business campus configuration, providing a mix of professional office areas, storage, conference or meeting space, kitchens, bathrooms, and open-floor-plan work areas. Building 1 is 600 square feet and includes insulation, gas heating, central air conditioning, and a half bath. Building 2 totals 6,000 square feet across two floors with a semi-open main-level office layout, kitchen, full bath, lower-level offices, and a walkout…

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$240k
$216k – $264k
NOI build-up
Gross scheduled income$216k
Vacancy & credit loss−$13k
Operating expenses−$71k
NOI · 24.04% cap applied$132k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$79/SF
County average, outlier-cleaned · 325 recorded sales of this use type
Observed band · Q1–Q3$38 – $123
Qualifying comparables3

Cap rate analysis

How does the asset earn?
24.04%
$132k 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?
VILLAGE
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Wholesale Shop9.4
Building Supply9.4

Location

600 S Lincoln St Augusta, MI 49012
County assessor · not on file Recorded deeds · 1 transfer 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
506 Michigan, Augusta, MI 49012-9308 $325,000 Apr 2025 2,500 SF
111 Fayette, Augusta, MI 49012-9757 $285,000 Mar 2025 No data
100 Webster, Augusta, MI 49012-9776 $110,000 Aug 2022 2,800 SF
301 Michigan, Augusta, MI 49012-9306 $118,000 Mar 2022 No data
102 Augusta, Augusta, MI 49012-9654 $150,000 Mar 2022 No data
203 Cass, Augusta, MI 49012-8603 $120,000 Oct 2021 3,394 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?”
More about this property
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