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Property profile & analytics
OFF-MARKET
Commercial real estate
1585 17th Mile Rd Kent City, MI 49330-9463
Individually Owned
Free & Clear
Property ID
US43-1160838
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1949
Total area
796 SF
Lot
1.47 ac (64,033 SF)
Zoning code
C-2
APN
41-01-26-300-036
UPID
US43-1160838
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
Lyon Denise
Lyon Denise
since 2026
7 recorded transactions
Zoning & alternative use
C-2 · Kent City, 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 Kent City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent City 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 2019Property tax & assessments
Tax year 2019
Tax billed
$1,237
Tax year 2019
Assessed value
$69,400
Assessed 2023
Previous assessed
$41,800
+66.0% YoY
Effective rate
1.78%
On assessed value
Total market value
$138,800
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Year built
1949
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
796 SF
Lot
1.47 ac (64,033 SF)
Zoning code
C-2
APN
41-01-26-300-036
UPID
US43-1160838
Jurisdiction
KENT
Zoning & alternative use
C-2 · Kent City, MI
Zoning C-2 · permitted uses
C-2 · Kent City, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kent City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.47 ac
Current owner
From public records · entity-resolved
Lyon Denise
Individual
Free & Clear · 0 yrs held
Mailing address
5578 COLUMBINE AVE NE, COMSTOCK PARK, MI 49321-9591
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2026
—
Lyon Denise
Lyon Lawrence
Warranty Deed
—
May 7, 2026
—
Lyon Scott
Scott Lyon
Warranty Deed
—
Oct 19, 2023
—
Lawrence Scott Lyon
—
Deed
related
$156,000 · Equity Trust Company Custodian
Aug 26, 2022
—
L Scott Lyon
Robert T Boorsma
Warranty Deed
—
Sep 10, 2013
$12,850
Robert T Boorsma
Choice One Bk
Grant Deed
—
May 16, 2012
$55,000
Choice One Bk
Sheriff Of County Of Kent
Trustees Deed
related
—
Dec 18, 2007
$97,000
Penny Crowley
Sammule Corp
Warranty Deed
$170,000 · Choice One Bank
Aug 1, 2003
$90,000
Sammule Corp
Schmidt,ronald R
Grant Deed
$85,000 · Founders Trust Mortgage Co LLC
—
—
Sammule Corp
—
Deed Of Trust
related
$74,632 · Founders Mortgage Co
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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