Realmo Analytics

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Property profile

603 Adams St Ionia, MI 48846

OFF-MARKET
Other commercial real estate
Property ID
US43-2469015
11,157 SF 4.15 ac lot Built 2002
Last sale Dec 2009 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a level development pad covering approximately 2.38 acres. The seller has indicated that some fill may be required to develop areas outside the flood plain, and a topo survey is not available from the seller. As a result, site due diligence would include confirming flood-plain conditions and evaluating grading and fill requirements prior to site work and permitting.

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$408k
Assessed land$187k
Assessed improvement$221k

Value estimate

· Oct 2026
$375k
$338k – $413k
Submarket $/SF estimate$1.13M

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?

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

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.

JurisdictionIONIA

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 agency19.1
Dental Office15.6
Building Supply15.5

Location

603 Adams St Ionia, MI 48846-1774
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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
205 Steele, Ionia, MI 48846-2005 $200,000 Nov 2024 6,500 SF
272 Main, Ionia, MI 48846-1750 $42,000 Oct 2024 1,974 SF
2275 State Rd, Ionia, MI 48846-9503 $160,000 Sep 2024 No data
420 Steele, Ionia, MI 48846-9401 $280,000 Nov 2018 7,503 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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