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Property profile

872 E Michigan Ave Marshall, MI 49068

FOR LEASE
Individual retail properties
Property ID
US43-2202315
12,526 SF 0.17 ac lot
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 12,526 square foot banquet facility, located at 872 E Michigan Ave in Marshall, Michigan (49068), presents a unique investment opportunity. Built in 1980 and renovated in 2016, this single-story, Class C building sits on a 1.2-acre lot (APN: 15-305-021-00) and is zoned HIGHWAY SVC COM. Currently operating at 50% occupancy, the property boasts a fully furnished interior, including a professional kitchen, full bar, freezer, and cooler, capable of seating up to 276 guests. The…

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 · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2024$246k
Effective rate2.14%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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?
1,741,487.50%
$139k 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?
HIGHWAY SVC COM
JurisdictionCALHOUN

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath9.0
Plumbing Service9.0
Tailor Shop9.0

Location

872 E Michigan Ave Marshall, MI 49068
County assessor Recorded deeds · not on file 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
18901 Partello, Marshall, MI 49068-9300 $710,500 Oct 2024 5,538 SF
311 Spruce, Marshall, MI 49068-1732 $250,000 Oct 2022 6,360 SF
14805 Michigan, Marshall, MI 49068-8504 $210,000 Jul 2021 8,567 SF
139 Michigan, Marshall, MI 49068-1521 $400,000 Jul 2021 7,080 SF
428 Linden, Marshall, MI 49068-1753 $335,000 Dec 2020 17,502 SF
500 Kalamazoo, Marshall, MI 49068-1719 $272,500 Aug 2019 6,038 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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