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Financial
Distress signals
Property profile

1583 Capital Ave NE Battle Creek, MI 49017

FOR SALE
Strip malls
Property ID
US43-2088881
42,837 SF 3.42 ac lot
Last sale Feb 2019 · $638,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail shopping center located in Pennfield Charter Township. The center comprises approximately 93,855 square feet and is anchored by multiple tenants including Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block, and McGonigle's Deli. Retail spaces in the southerly portion of the center provide approximately 42,873 square feet of space. The center has an operating history that includes lease renewals among its tenants, and the available…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value · 2024$314k
Effective rate5.79%

Value estimate

· Oct 2026
$800k
$720k – $880k
NOI build-up
Gross scheduled income$1.45M
Vacancy & credit loss−$61k
Operating expenses−$418k
NOI · 29.52% cap applied$974k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
29.52%
$974k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
JurisdictionCALHOUN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.8
Building Supply23.6
Law Firm23.5

Location

1583 Capital Ave NE Battle Creek, MI 49017
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 16 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
23047 M 78, Battle Creek, MI 49017-9744 $159,900 Jul 2022 8,188 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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