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Property profile & analytics
OFF-MARKET
Commercial land
1865 Georgetown Ctr Dr, Jenison, MI 49428-7123
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1889608
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.18 ac (51,488 SF)
Zoning code
NS
APN
70-14-15-227-016
UPID
US43-1889608
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
-
Western Michigan Pediatrics Pediatrician Medical Clinic
-
Dennis L Lake MD Pediatrician Medical Clinic
-
Dr. Jennifer VanZee, M.D. Pediatrician Medical Clinic
-
Dr. Shawna Pierce Pediatrician Medical Clinic
-
NICOLE VAN ALLEN HORNE Pediatrician Medical Clinic
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
Q Jaks Landco LLC · 6 yrs held
Q Jaks Landco LLC
since 2019
1 recorded transaction
Zoning & alternative use
NS · Jenison, 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 Jenison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jenison 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 2022Property tax & assessments
Tax year 2022
Tax billed
$35,135
Tax year 2022
Assessed value
$878,900
Assessed 2023
Previous assessed
$758,800
+15.8% YoY
Effective rate
4.00%
On assessed value
Total market value
$1,757,800
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
Heating
NONE
Buildings
1
Lot
1.18 ac (51,488 SF)
Zoning code
NS
APN
70-14-15-227-016
UPID
US43-1889608
Jurisdiction
OTTAWA
Zoning & alternative use
NS · Jenison, MI
Zoning NS · permitted uses
NS · Jenison, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jenison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Q Jaks Landco LLC
Entity
Mailing address
801 S GARFIELD AVE STE #243, TRAVERSE CITY, MI 49686-3429
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2019
—
Q Jaks Landco LLC
—
Deed
related
$1,360,000 · Grand River Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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