New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,210,000
Hotels
12812 Harper Vlg Dr Battle Creek, MI 49014-8387
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-2074461
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Total area
79,074 SF
Lot
4.98 ac (216,798 SF)
Zoning code
RC
APN
10-030-020-20
UPID
US43-2074461
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
-
Cereal City Grill Restaurant
-
Holiday Inn Battle Creek, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.21M
Owner & transaction history
Calhoun Hotels LLC · 3 yrs held
Calhoun Hotels LLC
since 2022
Last sale
$9.7M
2 recorded transactions
Zoning & alternative use
RC · Battle Creek, 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 Battle Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Battle Creek 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
Method
Estimation
Statistic approach
$8,225,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,960,000
Change: 0% · Conversion: Difficult
RESTAURANT
$6,565,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$5,830,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$9.21M
Range $8.29M – $10.13M · ±10% · vs last sale $9.70M (Oct 19 2022)
Last sale anchor
$9.70M
Oct 19 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$116 / SF
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 2020Property tax & assessments
Tax year 2020
Tax billed
$277,471
Tax year 2020
Assessed value
$4,338,500
Assessed 2024
Previous assessed
$4,813,280
-9.9% YoY
Effective rate
6.40%
On assessed value
Total market value
$8,677,000
Applied tax rate
13,070.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Stories
5
Total area
79,074 SF
Lot
4.98 ac (216,798 SF)
Zoning code
RC
APN
10-030-020-20
UPID
US43-2074461
Jurisdiction
CALHOUN
Zoning & alternative use
RC · Battle Creek, MI
Zoning RC · permitted uses
RC · Battle Creek, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Battle Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$10.0M
RESTAURANT
Est. value
$6.6M
OFFICE BUILDING
Est. value
$5.8M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Stories
5
Lot
4.98 ac
Current owner
From public records · entity-resolved
Calhoun Hotels LLC
Entity
Mailing address
2369 FRANKLIN RD, BLOOMFIELD HILLS, MI 48302-0333
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
$9,700,000
Calhoun Hotels LLC
Battle Creek Development LLC
Receivers Deed
$5,969,042 · The State Bank
Mar 8, 2019
—
Battle Creek Development LLC
Roger A Burnidge
Warranty Deed
$7,750,000 · Ubs Ag Tampa Branch
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12812 Harper Vlg Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
