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Property profile

1583 W Dickman Rd Springfield, MI 49037

FOR SALE
Retail space
Property ID
US43-2128108
12,224 SF 1.67 ac lot Built 2007
Last sale Apr 2014
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1583 W Dickman Rd, Springfield, MI 49037 For Sale
$1,390,000 12,224 SF
1583 W Dickman Rd, Springfield, MI 49037
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Property summary

AI-generated overview

A retail hardware store is located on Dickman Road in Springfield and operates from a neighborhood retail storefront setting along a high-traffic roadway. The property historically offered a mixed retail and service set, including propane gas sales, window and screen repair, hydraulic hose assembly, and home paint sales. It also historically supported U-Haul truck and trailer rentals, hydraulic-related services, and related exchange services. The business space was accompanied by included…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$17k
Tax billed · 2022
Assessed value · 2024$297k
Effective rate5.65%

Value estimate

· Oct 2026
$455k
$410k – $501k
Submarket $/SF estimate$612k
NOI build-up
Gross scheduled income$189k
Vacancy & credit loss−$8k
Operating expenses−$54k
NOI · 9.13% cap applied$127k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$59/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$28 – $92

Cap rate analysis

How does the asset earn?
9.13%
$127k 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?
I-1
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 agency31.1
Restaurant25.3
Law Firm21.3

Location

1583 W Dickman Rd Springfield, MI 49037
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

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4549 Dickman, Springfield, MI 49037-7328 $350,000 May 2024 7,250 SF
277 Michigan W, Battle Creek, MI 49037-2312 $58,000 Feb 2023 11,751 SF
114 Kendall S, Battle Creek, MI 49037-8470 $17,302 Dec 2022 7,728 SF
68 Upton, Battle Creek, MI 49037-8400 $12,000 Nov 2020 6,496 SF
450 Michigan W, Battle Creek, MI 49037-2341 $67,000 Sep 2020 21,484 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
6 properties of the same type nearby
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