New search
Property profile & analytics
OFF-MARKET
Auto shops
212 Cass St, Albion, MI 49224-1727
Individually Owned
2-yr Hold
Free & Clear
Property ID
US43-2309058
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1936
Total area
1,056 SF
Lot
0.07 ac (3,049 SF)
Zoning code
MU
APN
51-002-102-01
UPID
US43-2309058
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
Darrel Pischel · 2 yrs held
Darrel Pischel
since 2024
7 recorded transactions
Zoning & alternative use
MU · Albion, 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 Albion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albion 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
$275
Tax year 2022
Assessed value
$15,500
Assessed 2024
Previous assessed
$8,900
+74.2% YoY
Effective rate
1.77%
On assessed value
Total market value
$31,000
Applied tax rate
13,010.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Year built
1936
Heating
FORCED AIR
Stories
1
Total area
1,056 SF
Lot
0.07 ac (3,049 SF)
Zoning code
MU
APN
51-002-102-01
UPID
US43-2309058
Jurisdiction
CALHOUN
Zoning & alternative use
MU · Albion, MI
Zoning MU · permitted uses
MU · Albion, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Albion. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1936
Heating
FORCED AIR
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Darrel Pischel
Individual
Free & Clear · 2 yrs held
Mailing address
1007 N MINGO ST, ALBION, MI 49224-1431
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
—
Darrel Pischel
Darrel Pischel
Deed
related
—
Dec 27, 2017
—
Albion Reinvestment Corp
Albino Residential Rehab LLC
Warranty Deed
—
Mar 19, 2013
$1,014
Albion Residential Rehab LLC
Calhoun County Land Bank Authority
Warranty Deed
—
Jan 15, 2013
—
The Calhoun County Land Bank Author
Calhoun County Treasurer
Quit Claim Deed
related
—
May 14, 2012
$457
Darrel Fischel
Calhoun County Treasurer
Redemption Deed
related
—
Mar 16, 2006
—
Derek Shilling
Derek Shilling
Intrafamily Transfer
related
—
Mar 16, 2005
$7,700
Darrel Pischel
Charles Webb
Warranty Deed
—
Jan 5, 2005
—
Charles Webb
Spring Harbour LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 212 Cass St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
