Property profile

770 E Mount Morris St Mount Morris, MI 48458

FOR SALE
Commercial real estate
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Property ID
US43-1848252
4,258 SF 0.9 ac Built 1965
Last sale Jan 2020·$85,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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 · 2021

What does the county charge?
$13k
Tax billed · 2021
Assessed value · 2023$108k
Effective rate11.73%

Value estimate

· Nov 2026
$80k
$72k – $88k
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$10k
Operating expenses−$16k
NOI · 11.04% cap applied$47k

Realmo valuation models over county records and 27 qualifying comparable sales.

Recently sold

What actually traded nearby?
$50/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$27 – $76
Qualifying comparables27

Cap rate analysis

How does the asset earn?
11.04%
$47k 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 SF PUD
JurisdictionGENESEE

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 agency21.0
Law Firm15.0
Dental Office14.7

Location

770 E Mount Morris St Mount Morris, MI 48458
County assessor Recorded deeds · 1 transfer 27 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
9046 Dort, Mount Morris, MI 48458-1217 $300,000 Jul 2025 4,256 SF
714 Mt Morris, Mount Morris, MI 48458-2019 $99,999 Apr 2025 2,480 SF
646 Mt Morris, Mount Morris, MI 48458-1813 $60,000 Apr 2025 2,485 SF
7463 Dort, Mount Morris, MI 48458-2220 $19,000 Feb 2025 2,320 SF
8352 Vassar, Mount Morris, MI 48458-9761 $40,000 Jan 2025 4,312 SF
11725 Saginaw, Mount Morris, MI 48458-2061 $125,000 Jan 2025 5,040 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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