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Property profile & analytics
OFF-MARKET
Commercial real estate
11591 Northland NE Dr, Rockford, MI 49341-8426
Entity Owned
1-yr Hold
Free & Clear
Property ID
US43-1897922
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1940
Total area
920 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C2
APN
41-06-13-227-001
UPID
US43-1897922
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
-
Kitchen & Bath By Design, INC. Hardware & Home Improvement Interior Design
-
Impact Bodyworks Alternative Medicine Practice Spa & Massage 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
Stone Isle Properties LLC · 1 yrs held
Stone Isle Properties LLC
since 2024
6 recorded transactions
Zoning & alternative use
C2 · 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,193
Tax year 2023
Assessed value
$91,800
Assessed 2024
Previous assessed
$85,100
+7.9% YoY
Effective rate
2.39%
On assessed value
Total market value
$183,600
Applied tax rate
12.0000
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
1940
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
920 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C2
APN
41-06-13-227-001
UPID
US43-1897922
Jurisdiction
KENT
Zoning & alternative use
C2 · Rockford, MI
Zoning C2 · permitted uses
C2 · 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
1940
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Stone Isle Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3447 EAGLE RDG CT NE, GRAND RAPIDS, MI 49525-4573
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 3, 2024
—
Stone Isle Properties LLC
Rodenhouse & Associates LLC
Warranty Deed
—
Jul 18, 2006
$80,000
Rodenhouse & Associates LLC
National Loan Investors
Warranty Deed
—
Jul 18, 2006
—
National Loan Investors
Independent Bank-west Michigan
Quit Claim Deed
related
—
Jul 18, 2006
$47,175
National Loan Investors
Doty,charles C & Marcia K
Warranty Deed
—
Feb 2, 2005
$69,747
Independent Bank-west Michigan
Sheriff Of Kent County
Trustees Deed
related
—
—
—
Billy Black
—
Deed Of Trust
related
$65,000 · Independent Bank West Michigan
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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