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Financial
Distress signals
Property profile

919 Marshall St Allegan, MI 49010

FOR SALE
Turn key restaurants
Property ID
US43-2226436
540 SF 0.57 ac lot
Last sale Dec 2019 · $80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a redevelopment parcel in Allegan with the existing building removed and the site prepared for new construction. The site is sized to accommodate a planned building of approximately 5,000 square feet and includes the potential for a drive-through configuration. It is located adjacent to a McDonald’s restaurant along a high-traffic corridor, with more than 15,000 vehicles passing per day. The property location is described as somewhat walkable (walk score 59) and somewhat bikeable (bike score 44).

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?
$3k
Tax billed · 2023
Assessed value · 2024$58k
Assessed land$12k
Assessed improvement$47k
Effective rate5.92%

Value estimate

· Oct 2026
$290k
$261k – $319k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$75 – $190

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.

JurisdictionALLEGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon11.2
Building Supply11.0
Restaurant10.8

Location

919 Marshall St Allegan, MI 49010
County assessor Recorded deeds · 6 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
213 Hubbard, Allegan, MI 49010-1320 $250,000 Dec 2025 2,340 SF
1055 32nd, Allegan, MI 49010-9157 $137,500 Jul 2025 1,400 SF
805 Marshall, Allegan, MI 49010-1650 $450,000 Jun 2024 1,180 SF
1141 Lincoln, Allegan, MI 49010-9075 $222,500 Mar 2024 2,222 SF
500 Main, Allegan, MI 49010-1132 $70,000 Jul 2023 2,352 SF
400 Water, Allegan, MI 49010-1309 $195,000 Feb 2021 1,968 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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