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Financial
Distress signals
Property profile

675 10Th St Plainwell, MI 49080

FOR SALE
Flex space
Property ID
US43-2609202
6,803 SF 5.45 ac lot
Last sale Jan 2017 · $65,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 675 10th Street in Plainwell, Michigan consists of a 5-acre historical brick estate historically associated with the Red Brick Tavern/Red Brick Inn. The building includes repaired chimneys and five fireplaces, and has a replaced roof with work reportedly completed within the last few years. Documented utility and site updates include city sewer service, a 5-inch well, resurfaced driveway and parking areas with room for additional parking expansion, and heating provided by two…

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?
$2k
Tax billed · 2023
Assessed value · 2024$179k
Assessed land$128k
Assessed improvement$51k
Effective rate1.22%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$77k
Vacancy & credit loss−$3k
Operating expenses−$19k
NOI · 18.60% cap applied$56k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$41 – $116

Cap rate analysis

How does the asset earn?
18.60%
$56k 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.

JurisdictionALLEGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.1
Parking Facility9.8
Auto Parts Store9.3

Location

675 10Th St Plainwell, MI 49080
County assessor Recorded deeds · 3 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 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
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?”
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