Property profile

3366-A Derenzy Rd Bellaire, MI 49615

FOR SALE
Aviation real estate
Property ID
US43-Q011351
Built 1985
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Property summary

AI-generated overview

Airplane hanger pole barn at Antrim County Airport. It is a 50x36 pole building with 14 ft ceilings with electric and water, a large bifold door 40x13ft, a 9x9 overhead door, and a service door. You are buying a hanger and own the building and will take over the transferable land lease to Antrim County (Please see attached copy of the lease). bikeScore: 40, Somewhat Bikeable walkScore: 56, Somewhat Walkable

Property profile

Verified
Property type Aviation real estate
Year built 1985
UPID US43-Q011351

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3366-A Derenzy Rd Bellaire, MI 49615
Bellaire metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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