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Property profile & analytics
OFF-MARKET
Commercial real estate
10704 Northland NE Dr, Rockford, MI 49341-8011
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-1129066
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Total area
11,280 SF
Lot
3.47 ac (151,327 SF)
Zoning code
C
APN
41-07-19-100-066
UPID
US43-1129066
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
-
Rockford Floor Covering, Inc. Carpet & Flooring 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
Vander Werp Rfc LLC · 3 yrs held
Vander Werp Rfc LLC
since 2023
Last sale
$365,000
6 recorded transactions
Zoning & alternative use
C · Rockford, 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 Rockford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockford 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 2019Property tax & assessments
Tax year 2019
Tax billed
$6,023
Tax year 2019
Assessed value
$227,500
Assessed 2023
Previous assessed
$223,300
+1.9% YoY
Effective rate
2.65%
On assessed value
Total market value
$455,000
Applied tax rate
19.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1987
Heating
NONE
Buildings
3
Stories
1
Total area
11,280 SF
Lot
3.47 ac (151,327 SF)
Zoning code
C
APN
41-07-19-100-066
UPID
US43-1129066
Jurisdiction
KENT
Zoning & alternative use
C · Rockford, MI
Zoning C · permitted uses
C · Rockford, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Buildings
3
Lot
3.47 ac
Current owner
From public records · entity-resolved
Vander Werp Rfc LLC
Entity
Mailing address
10704 NORTHLAND DR NE, ROCKFORD, MI 49341-8011
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2023
—
Vander Werp Rfc LLC
Stewart R Vander Werp
Intrafamily Transfer
related
—
Oct 15, 2013
$365,000
Thomas L Gilbert
Gllbert,george G & Ruthanne
Warranty Deed
—
Mar 11, 2010
—
George G Gilbert
Gk Properties LLC
Quit Claim Deed
related
$319,247 · Chemical Bank
Jul 13, 2005
—
George Gilbert
Vanderhyde Venture LLC
Warranty Deed
—
Dec 2, 2004
—
Gk Properties LLC
Vanderhyde Venture LLC
Warranty Deed
$385,000 · Mercantile Bank Mortgage Co
—
—
Vanderwerp,stewart R Living Trust
—
Deed Of Trust
related
$292,000 · Independent Bank
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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