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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
10850 2nd St, Fowler, MI 48835
Entity Owned
1-yr Hold
Free & Clear
Property ID
US43-2066188
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1984
Construction
CONCRETE
Total area
6,175 SF
Lot
1.09 ac (47,306 SF)
Zoning code
COM
APN
041-012-000-185-00
UPID
US43-2066188
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
-
Shell Gas Station
-
ATM Atm
-
MSUFCU ATM Atm
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
Blarney Castle Oil Co · 1 yrs held
Blarney Castle Oil Co
since 2024
Last sale
$200,000
6 recorded transactions
Zoning & alternative use
COM · Fowler, 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 Fowler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fowler 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
$8,030
Tax year 2022
Assessed value
$182,700
Assessed 2024
Previous assessed
$175,700
+4.0% YoY
Effective rate
4.40%
On assessed value
Assessed land
$56,600
Assessed improvement
$126,100
Land market value
$113,200
Improvement market value
$252,200
Total market value
$365,400
Applied tax rate
41.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
YES
Stories
1
Total area
6,175 SF
Lot
1.09 ac (47,306 SF)
Zoning code
COM
APN
041-012-000-185-00
UPID
US43-2066188
Jurisdiction
CLINTON
Zoning & alternative use
COM · Fowler, MI
Zoning COM · permitted uses
COM · Fowler, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fowler. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
YES
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Blarney Castle Oil Co
Entity
Free & Clear · 1 yrs held
Mailing address
2131 OUTLOOK DR SE, CALEDONIA, MI 49316-7813
Ownership since
2024
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
Dec 23, 2024
$200,000
Blarney Castle Oil Co
Singh M20 LLC
Warranty Deed
—
Dec 23, 2024
$350,000
Singh Shell M20 LLC
Thelen Market LLC
Warranty Deed
—
Dec 23, 2024
$225,000
Thelen Market LLC
G J Martin And Associates INC
Warranty Deed
—
Mar 17, 2023
—
Singh M20 LLC
Thelen Market LLC
Land Contract
—
May 27, 2022
—
Thelen Market LLC
—
Deed
related
$1,000,000 · Uspp Tri Lakes LLC
Aug 3, 2021
—
Thelen Market LLC
G J Martin And Associates INC
Land Contract
—
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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