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Property profile & analytics
OFF-MARKET
Individual retail properties
13151 Lakeshore Dr, Grand Haven, MI 49417-9348
Entity Owned
4-yr Hold
Free & Clear
Property ID
US43-1868827
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1993
Total area
6,992 SF
Lot
15.28 ac (665,597 SF)
Zoning code
R-1
APN
70-07-08-400-047
UPID
US43-1868827
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
Thornapple Pines Real Estate LLC · 4 yrs held
Thornapple Pines Real Estate LLC
since 2022
3 recorded transactions
Zoning & alternative use
R-1 · Grand Haven, 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 Grand Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Haven 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
$54,323
Tax year 2022
Assessed value
$2,413,000
Assessed 2023
Effective rate
2.25%
On assessed value
Total market value
$4,826,000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1993
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
6,992 SF
Lot
15.28 ac (665,597 SF)
Zoning code
R-1
APN
70-07-08-400-047
UPID
US43-1868827
Jurisdiction
OTTAWA
Zoning & alternative use
R-1 · Grand Haven, MI
Zoning R-1 · permitted uses
R-1 · Grand Haven, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Haven. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
15.28 ac
Current owner
From public records · entity-resolved
Thornapple Pines Real Estate LLC
Entity
Free & Clear · 4 yrs held
Mailing address
13151 LAKESHORE DR, GRAND HAVEN, MI 49417-9348
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2022
—
Thornapple Pines Real Estate LLC
John G Van Baren
Warranty Deed
—
Nov 30, 2020
—
John Gvan Baren
—
Deed
related
$2,000,000 · Mercantile Bank Of Michigan
Dec 5, 2017
—
John G Van Baren
Vkw Grantors Trust
Warranty Deed
$2,800,000 · Mercantile Bank Of 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.
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?”
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