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Property profile & analytics
OFF-MARKET
Auto shops
106 Mackinaw Trl, Leroy, MI 49655-9430
Entity Owned
Free & Clear
Property ID
US43-2843736
Property summary
AI-generated overview
This property features a 1757 square foot building that was renovated, including a replaced roof, new siding, and updated electrical and plumbing systems. The renovations also included a new furnace, bathroom, and office facilities, as well as an overhead door. The property is situated on a 1-acre lot located on a main road approximately halfway between Cadillac and Big Rapids, Michigan, a few miles from Highway 131, in Leroy, Michigan. The building was previously operated as a tire shop.
Property profile
Verified
Property type
Auto shops
Use group
COMMERCIAL (GENERAL)
Lot
0.36 ac (15,682 SF)
APN
43 402 005 00
UPID
US43-2843736
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
-
Leroy Auto & Tire Center and mini truck sales (Bike/Boat/Book/etc) Store Auto Parts Store
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Leroy Auto & Tire Center (Bike/Boat/Book/etc) Store Auto Parts Store
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
LEROY AUTO & TIRE CENTER LLC
LEROY AUTO & TIRE CENTER LLC
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 Leroy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leroy 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,248
Tax year 2022
Assessed value
$32,400
Assessed 2024
Previous assessed
$23,800
+36.1% YoY
Effective rate
3.85%
On assessed value
Total market value
$64,800
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
Auto shops
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Lot
0.36 ac (15,682 SF)
APN
43 402 005 00
UPID
US43-2843736
Jurisdiction
OSCEOLA
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
Lot
0.36 ac
Current owner
From public records · entity-resolved
LEROY AUTO & TIRE CENTER LLC
Entity
Free & Clear · 0 yrs held
Mailing address
106 MACKINAW TRL, LEROY, MI 49655-9430
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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