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Property profile & analytics
OFF-MARKET
Commercial real estate
1190 144th Ave Shelby, MI 49455-9621
Individually Owned
~
Est. High Equity
Property ID
US43-2781160
Property summary
AI-generated overview
This 2,490 square foot commercial property located at 1190 S 144th, Shelby, MI, presents a unique redevelopment opportunity. Situated on a 0.63-acre lot, the former gas station building is currently vacant and largely gutted, offering a blank canvas for a new business venture. The property features a steel roof, a well, and a septic system
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1955
Total area
938 SF
Lot
0.88 ac (38,420 SF)
APN
013-011-100-02
UPID
US43-2781160
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
Jennifer Marvin
Jennifer Marvin
since 2026
6 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 Shelby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby 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
$2,533
Tax year 2022
Assessed value
$90,200
Assessed 2023
Previous assessed
$90,200
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$9,400
Assessed improvement
$80,800
Land market value
$18,800
Improvement market value
$161,600
Total market value
$180,400
Applied tax rate
13.0000
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
1955
Buildings
2
Stories
2
Total area
938 SF
Lot
0.88 ac (38,420 SF)
APN
013-011-100-02
UPID
US43-2781160
Jurisdiction
OCEANA
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
Year built
1955
Stories
2
Buildings
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Jennifer Marvin
Individual
Mailing address
1762 55TH ST, MOUNT AUBURN, IA 52313-9607
Ownership since
2026
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
Jan 26, 2026
$60,000
Jennifer Marvin
Jw Smith Properties LLC
Deed
$750 · Jwsmith Properties LLC
Mar 29, 2010
$24,000
J W Smith Properties LLC
Shelby State Bank
Warranty Deed
$90,000 · Shelby State Bank
Jul 3, 2008
—
Ssb Mortgage Co
K Dunlap Properties LLC
Warranty Deed
—
Jul 11, 2007
—
T J Crossroads LLC
Ken Dunlap Properties LLC
Land Contract
—
Jan 23, 2006
$151,736
K Dunlap Properties LLC
Shelby State Bank
Quit Claim Deed
related
$152,575 · Ssb Mortgage Co
Sep 20, 2005
$150,327
Shelby State Bank
Chris West
Sheriffs Deed
related
—
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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