Financial
Distress signals
Property profile

700 State St Cassopolis, MI 49031

OFF-MARKET
Other commercial real estate
Property ID
US43-2645103
0.23 ac lot
Last sale Aug 2017 · $50,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 700 E State Street in Cassopolis Village is a retail-focused building that has historically operated as a laundromat. It includes the building along with laundry equipment and existing inventory associated with the laundromat business, and it is configured as an established operating setup. A vacant lot behind the building is also included as a separate parcel, and the site fronts State Street with access from the local street network. The building was constructed in 1980.

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.

Mortgages

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 · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value · 2023$35k
Effective rate4.02%

Value estimate

· Sep 2026
$105k
$95k – $116k

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.

JurisdictionCASS

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 Facility9.7
Building Supply9.6
Nail Salon8.8

Location

700 State St Cassopolis, MI 49031-1136
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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
63472 M 62, Cassopolis, MI 49031-9636 $249,444 Sep 2025 No data
62225 M 62, Cassopolis, MI 49031-8733 $700,000 Sep 2025 No data
Graham, Cassopolis, MI 49031 $2,017,830 May 2025 No data
305 State, Cassopolis, MI 49031-1328 $975,000 Dec 2024 No data
521 Broadway, Cassopolis, MI 49031-1217 $120,000 Sep 2024 No data
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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