Property profile

714 E Front St 1 Buchanan, MI 49107

FOR LEASE
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US43-3868352
17,098 SF 1.16 ac Built 1954
Last sale Aug 2007·$498,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$10k
Tax billed · 2023
Assessed value · 2024$294k
Effective rate3.48%

Value estimate

· Nov 2026
$470k
$423k – $517k
Submarket $/SF estimate$754k
NOI build-up
Gross scheduled income$120k
Vacancy & credit loss−$5k
Operating expenses−$35k
NOI$81k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$72/SF
County average, outlier-cleaned · 97 recorded sales of this use type
Observed band · Q1–Q3$34 – $112

Cap rate analysis

How does the asset earn?
$81k 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?
R-1 SIN
JurisdictionBERRIEN

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 agency14.2
Dental Office12.5
Law Firm12.3

Location

714 E Front St, Unit 1 Buchanan, MI 49107
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
109 Red Bud, Buchanan, MI 49107-1412 $121,000 Nov 2024 5,160 SF
3213 Frnt, Buchanan, MI 49107-9235 $180,000 Mar 2024 11,472 SF
711 Frnt, Buchanan, MI 49107-1458 $347,700 Dec 2023 8,059 SF
715 Frnt, Buchanan, MI 49107-1458 $1,350,000 Jun 2023 8,075 SF
266 Frnt, Buchanan, MI 49107-1408 $225,000 Jun 2022 8,302 SF
128 Main, Buchanan, MI 49107-1455 $1,000,000 Feb 2022 5,332 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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Includes: Price & PSF · Cap rate · Location · Zoning

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