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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Auto shops
13399 White Crk NE Ave Cedar Springs, MI 49319-9440
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US43-4201125
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Total area
10,728 SF
Lot
2.3 ac (100,188 SF)
Zoning code
L1
APN
41-02-35-400-052
UPID
US43-4201125
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
-
Car Center - Cedar Springs Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$665k
Owner & transaction history
Joint Ventures II LLC · 10 yrs held
Joint Ventures II LLC
since 2016
5 recorded transactions
Zoning & alternative use
L1 · Cedar Springs, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$880,000
+32.6%
Retail stores
$870,000
+31.2%
Office building
$820,000
+23.7%
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 Cedar Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Springs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$665,000
Current use
COMMERCIAL (GENERAL)
$880,000
Change: +33% · Conversion: Moderate
RETAIL STORES
$870,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$820,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
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
$62 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$7,619
Tax year 2021
Assessed value
$243,900
Assessed 2023
Previous assessed
$217,100
+12.3% YoY
Effective rate
3.12%
On assessed value
Total market value
$487,800
Applied tax rate
27.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Buildings
4
Stories
1
Total area
10,728 SF
Lot
2.3 ac (100,188 SF)
Zoning code
L1
APN
41-02-35-400-052
UPID
US43-4201125
Jurisdiction
KENT
Zoning & alternative use
L1 · Cedar Springs, MI
Zoning L1 · permitted uses
L1 · Cedar Springs, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cedar Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$880,000
RETAIL STORES
Est. value
$870,000
OFFICE BUILDING
Est. value
$820,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1985
Heating
FORCED AIR
Stories
1
Buildings
4
Lot
2.3 ac
Current owner
From public records · entity-resolved
Joint Ventures II LLC
Entity
Mailing address
17960 RIVERS EDGE DR, BIG RAPIDS, MI 49307-8801
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2021
—
Joint Ventures II LLC
—
Deed
related
$350,000 · Mercantile Bk/mi
Dec 10, 2020
—
Joint Ventures II LLC
—
Deed
related
$325,000 · Mercantile Bank Of Michigan
May 3, 2016
—
Joint Ventures II LLC
Scheidel Daniel J Trust
Warranty Deed
$260,000 · Mercantile Bk/mi
Oct 21, 2008
—
Scheidel,daniel J & N L Trust
Scheidel,daniel & Norma
Quit Claim Deed
related
—
—
—
Joint Ventures II LLC
—
Loan Modification
related
$350,000 · Mercantile Bk/mi
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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