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Property profile & analytics
OFF-MARKET
Estimated value
$6,135,000
Commercial real estate
1379 Comstock St Marne, MI 49435-9621
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US43-2300587
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
78,217 SF
Lot
12.34 ac (537,530 SF)
Zoning code
I
APN
70-06-35-100-012
UPID
US43-2300587
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
-
IT Systems, LLC Tech Support Center IT Consulting Firm
-
Summit Landscape Management Inc Landscaping General Contractor
-
Summit Tree Service, Inc. Landscaping General Contractor
-
Laurel Romanella - Certified EOS Implementer Business Management Consultant
-
Know Honesty Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.14M
Blend (final)
Blend
$6.14M
Owner & transaction history
Earl Park LLC · 12 yrs held
Earl Park LLC
since 2014
3 recorded transactions
Zoning & alternative use
I · Marne, 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 Marne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marne 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
$8,645,000
Change: -17% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,395,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$6.14M
Range $5.52M – $6.75M · ±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
$78 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$15,580
Tax year 2022
Assessed value
$641,800
Assessed 2023
Previous assessed
$563,800
+13.8% YoY
Effective rate
2.43%
On assessed value
Total market value
$1,283,600
Applied tax rate
26.0000
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
Heating
FORCED AIR
Buildings
13
Stories
1
Total area
78,217 SF
Lot
12.34 ac (537,530 SF)
Zoning code
I
APN
70-06-35-100-012
UPID
US43-2300587
Jurisdiction
OTTAWA
Zoning & alternative use
I · Marne, MI
Zoning I · permitted uses
I · Marne, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$8.6M
WAREHOUSE, STORAGE
Est. value
$8.4M
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
Heating
FORCED AIR
Stories
1
Buildings
13
Lot
12.34 ac
Current owner
From public records · entity-resolved
Earl Park LLC
Entity
Mailing address
1379 COMSTOCK STT, MARNE, MI 49435-9621
Ownership since
2014
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
Jan 18, 2021
—
Eral Park LLC
—
Deed
related
$500,000 · Pnc Bank NA
Apr 11, 2014
—
Earl Park LLC
Pro Build Real Estate Holdings LLC
Deed
$350,000 · Jpmorgan Chase Bank NA
Apr 11, 2006
—
Pro Build Real Estate Holdings LLC
Wolohan Lumber Co
Warranty Deed
—
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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