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Property profile & analytics
OFF-MARKET
Drive through restaurants
15265 M 60, Tekonsha, MI 49092-9314
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-2685795
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1974
Total area
5,168 SF
Lot
1.78 ac (77,537 SF)
Zoning code
C-COMMERCIAL
APN
20-122-034-00
UPID
US43-2685795
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
Randall Michigan Properties LLC · 2 yrs held
Randall Michigan Properties LLC
since 2024
Last sale
$314,000
3 recorded transactions
Zoning & alternative use
C-COMMERCIAL · Tekonsha, 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 Tekonsha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tekonsha 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
$3,397
Tax year 2022
Assessed value
$72,850
Assessed 2024
Previous assessed
$72,800
+0.1% YoY
Effective rate
4.66%
On assessed value
Total market value
$145,700
Applied tax rate
13,130.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1974
Heating
FORCED AIR
Stories
1
Total area
5,168 SF
Lot
1.78 ac (77,537 SF)
Zoning code
C-COMMERCIAL
APN
20-122-034-00
UPID
US43-2685795
Jurisdiction
CALHOUN
Zoning & alternative use
C-COMMERCIAL · Tekonsha, MI
Zoning C-COMMERCIAL · permitted uses
C-COMMERCIAL · Tekonsha, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tekonsha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
FORCED AIR
Stories
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Randall Michigan Properties LLC
Entity
Mailing address
113 W MILLERS CV RD, WALLAND, TN 37886-2636
Ownership since
2024
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 10, 2024
$314,000
Randall Michigan Properties LLC
Benjamin Jeffrey Hawver
Warranty Deed
$314,000 · New Beginnings Trust
Sep 13, 2022
—
Benjamin Hawver
Daniel Hawver
Intrafamily Transfer
related
—
Sep 9, 2015
$135,000
Mary Carmickle
Ronald Tesch
Warranty Deed
$108,000 · Century Bank & Trust
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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