Back to Search
Property profile & analytics
OFF-MARKET
Individual retail properties
10011 Xrd SE Ct Caledonia, MI 49316-7578
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0611439
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Total area
12,000 SF
Lot
1.18 ac (51,401 SF)
Zoning code
PUD
APN
41-23-33-101-004
UPID
US43-0611439
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ballistic Bells Caledonia Gym & Fitness Center
-
ChiroPros Alternative Medicine Practice
-
Dr. Scott Newquist Alternative Medicine Practice
-
Max Effort Performance Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dakew LLC · 6 yrs held
Dakew LLC
since 2019
7 recorded transactions
Zoning & alternative use
PUD · Caledonia, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Caledonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Caledonia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$34,736
Tax year 2021
Assessed value
$829,900
Assessed 2023
Previous assessed
$758,900
+9.4% YoY
Effective rate
4.19%
On assessed value
Total market value
$1,659,800
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Heating
NONE
Buildings
1
Stories
1
Total area
12,000 SF
Lot
1.18 ac (51,401 SF)
Zoning code
PUD
APN
41-23-33-101-004
UPID
US43-0611439
Jurisdiction
KENT
Zoning & alternative use
PUD · Caledonia, MI
Zoning PUD · permitted uses
PUD · Caledonia, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Caledonia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Buildings
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Dakew LLC
Entity
Free & Clear · 6 yrs held
Mailing address
616 ARHANA CRST DR, MIDDLEVILLE, MI 49333-8497
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2020
—
Dakew LLC
—
Deed Of Trust
related
$1,465,000 · Mercantile Bk/mi
Aug 8, 2019
$190,000
Dakew LLC
T & M Partners LLC
Warranty Deed
—
Aug 1, 2014
—
T & M Partners LLC
Mercantile Bk Of Mi
Grant Deed
—
Jan 15, 2013
—
Mercantile Bk Of Mi
Mercantile Bk Mtg Co LLC
Quit Claim Deed
—
Sep 1, 2010
$121,690
Mercantile Bk Mtg Co LLC
Sheriff Of Kent County
Trustees Deed
related
—
Jul 12, 2006
—
T & M Partners LLC
—
Trustees Deed
related
$1,200,000 · Mercantile Bank Mortgage Co
Apr 24, 2006
$160,000
Canal Pointe Ventures LLC
T & M Partners LLC
Warranty Deed
$180,000 · Mercantile Bank Mortgage Company Ll
Mar 9, 2005
$710,000
T & M Partners LLC
Garbow Properties LLC
Warranty Deed
—
Nov 18, 2004
$100,000
T & M Partners LLC
Garbow Properties LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10011 Xrd SE Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
