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Property profile & analytics
OFF-MARKET
Commercial land
1706 Standish Ave Petoskey, MI 49770-9579
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-3607453
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.55 ac (23,958 SF)
Zoning code
COP I-2
APN
52-19-07-200-039
UPID
US43-3607453
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
PC Lawn Care LLC · 2 yrs held
PC Lawn Care LLC
since 2024
Last sale
$78,000
5 recorded transactions
Zoning & alternative use
COP I-2 · Petoskey, 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 Petoskey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Petoskey 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
Property tax & assessments
Assessed value
$37,800
Assessed 2023
Previous assessed
$39,100
-3.3% YoY
Assessed land
$37,800
Land market value
$75,600
Total market value
$75,600
Applied tax rate
52.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Lot
0.55 ac (23,958 SF)
Zoning code
COP I-2
APN
52-19-07-200-039
UPID
US43-3607453
Jurisdiction
EMMET
Zoning & alternative use
COP I-2 · Petoskey, MI
Zoning COP I-2 · permitted uses
COP I-2 · Petoskey, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Petoskey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Lot
0.55 ac
Current owner
From public records · entity-resolved
PC Lawn Care LLC
Entity
Mailing address
5305 DEERFIELD TRL, BOYNE FALLS, MI 49713-8217
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
—
Paul Vining
—
Deed
related
$250,000 · St Francis X Federal Credit Union
Apr 23, 2024
—
PC Lawn Care LLC
Paul Vining
Quit Claim Deed
related
$210,000 · 4front Credit Union
Feb 3, 2023
—
Paul Vining
—
Deed
related
$179,836 · Northland Area Federal Credit Union
Feb 22, 2021
$78,000
Paul Vining
Scenic Farms LLC
Warranty Deed
—
Apr 10, 2017
$55,000
Scenic Farms LLC
Matthew P Waterman
Warranty Deed
—
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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