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Financial
Distress signals
Property profile

7477 S State Rd Goodrich, MI 48438

FOR SALE
Other commercial real estate
Property ID
US43-1238035
3,096 SF 4.68 ac lot Built 1993
Last sale Dec 2023
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A private medical office building in Goodrich, Michigan, located just off M-15, configured with multiple levels for medical and related professional use. The first unit is used as a medical doctor’s office, with additional space on both the upper and lower levels; the upper level totals 3,339 square feet, and the lower level includes 2,800 square feet. The property includes two handicap-accessible parking lots. Building systems include a roof replacement in 2024 and mechanical updates…

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 · 2019

What does the county charge?
$18k
Tax billed · 2019
Assessed value · 2023$360k
Effective rate5.06%

Value estimate

· Oct 2026
$410k
$369k – $451k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 994 recorded sales of this use type
Observed band · Q1–Q3$32 – $110
Qualifying comparables7

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

What can be built here?
VILLAG
JurisdictionGENESEE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.4
Law Firm10.4
Hair Salon10.2

Location

7477 S State Rd Goodrich, MI 48438
County assessor Recorded deeds · 2 transfers 7 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
10274 State, Goodrich, MI 48438-9472 $120,000 Jul 2023 3,000 SF
8331 State, Goodrich, MI 48438-9774 $55,889 May 2023 2,340 SF
10230 Hegel, Goodrich, MI 48438-9066 $500,000 Nov 2022 3,328 SF
8491 State, Goodrich, MI 48438-9300 $125,000 Sep 2022 2,500 SF
10241 Hegel, Goodrich, MI 48438-9066 $159,000 Aug 2021 4,528 SF
7388 State, Goodrich, MI 48438-9292 $45,000 Dec 2018 4,200 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?”
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