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Property profile & analytics
OFF-MARKET
Commercial real estate
105 Main St Camden, MI 49232
Individually Owned
7-yr Hold
Free & Clear
Property ID
US43-3789342
Property summary
AI-generated overview
This exceptional business opportunity in Camden, MI, presents a fully equipped, operational restaurant with significant potential. The property, located at 105 S Main, encompasses a 3,542 square foot building situated on a 0.07-acre lot. The sale includes all existing equipment and current food inventory, allowing for immediate commencement of operations. The restaurant is currently operating, offering a proven business model and established customer base. While the second level of the building is unoccupied and currently inaccessible, it presents a potential expansion opportunity for future development. The asking price is $309,000. Property taxes were obtained from the local assessor and are subject to change upon sale. Please note that the seller makes no warranty regarding the accuracy of the provided information
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.07 ac (2,962 SF)
APN
14-100-001-013
UPID
US43-3789342
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
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
Glen S Page · 7 yrs held
Glen S Page
since 2019
2 recorded transactions
Zoning & alternative use
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 Camden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camden 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
$3,004
Tax year 2021
Assessed value
$63,800
Assessed 2023
Previous assessed
$59,000
+8.1% YoY
Effective rate
4.71%
On assessed value
Land market value
$4,293
Improvement market value
$123,278
Total market value
$127,571
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Buildings
2
Lot
0.07 ac (2,962 SF)
APN
14-100-001-013
UPID
US43-3789342
Jurisdiction
HILLSDALE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Buildings
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Glen S Page
Individual
Free & Clear · 7 yrs held
Mailing address
12860 HILLSDALE RD, CAMDEN, MI 49232-9030
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2019
$22,000
Glen S Page
Janice Mielke
Personal Representative Deed
—
Feb 17, 2011
$20,000
Wesley Mielke
Robert L Webster
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.
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