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Property profile & analytics
OFF-MARKET
Estimated value
$3,830,000
Auto shops
15874 11th Mile Rd 15898 Battle Creek, MI 49014-7945
Trust Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-2456381
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Total area
38,485 SF
Lot
10.86 ac (473,062 SF)
Zoning code
RC
APN
10-013-004-00
UPID
US43-2456381
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
-
Country Pride Restaurant
-
bp Gas Station
-
CAT Scale Parking Lot & Garage Gas Station
-
Amazon Hub Locker - Ortwin Courier Service Postal Service
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.83M
Blend (final)
Blend
$3.83M
Owner & transaction history
Hpt Ta Properties Trust · 11 yrs held
Hpt Ta Properties Trust
since 2015
4 recorded transactions
Zoning & alternative use
RC · Battle Creek, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.9M
+86.5%
Restaurant
$3.2M
+22.9%
Office building
$2.8M
+9.2%
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 Battle Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Battle Creek 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
$2,600,000
Current use
COMMERCIAL (GENERAL)
$4,850,000
Change: +87% · Conversion: Moderate
RESTAURANT
$3,195,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$2,835,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$3.83M
Range $3.45M – $4.21M · ±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
$100 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$71,232
Tax year 2020
Assessed value
$1,237,840
Assessed 2024
Previous assessed
$1,187,010
+4.3% YoY
Effective rate
5.75%
On assessed value
Total market value
$2,475,680
Applied tax rate
13,070.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
FORCED AIR
Stories
1
Total area
38,485 SF
Lot
10.86 ac (473,062 SF)
Zoning code
RC
APN
10-013-004-00
UPID
US43-2456381
Jurisdiction
CALHOUN
Zoning & alternative use
RC · Battle Creek, MI
Zoning RC · permitted uses
RC · Battle Creek, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Battle Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$4.9M
RESTAURANT
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
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
Lot
10.86 ac
Current owner
From public records · entity-resolved
Hpt Ta Properties Trust
Trust
Free & Clear · 11 yrs held
Mailing address
255 WASHINGTON ST, NEWTON, MA 02458-1637
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2015
—
Hpt Ta Properties Trust
Ta Operating LLC
Deed
—
Jul 23, 2012
$2,410,000
Ta Operating LLC
Petroleum Holdings 1998-d LLC
Other
—
May 28, 2010
$3,955,245
Petroleum Holdings 1998-d
Te Khi Truck Auto Plaza INC
Sheriffs Deed
related
—
Aug 2, 2007
—
Petroleum Holdings 1998-d LLC
Te Khi Travel Court INC
Quit Claim Deed
related
—
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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