Entity Owned Property summary
AI-generated overview
A 1,250-square-foot warehouse unit within a steel post-frame building, constructed with a 4-inch reinforced concrete floor, insulated walls and ceiling, liner steel, and a propane-fired ceiling heater rated at 45,000 BTU. The unit features a 14-foot by 14-foot insulated overhead door with remote and keypad operation, a 36-inch exterior entry door, six LED UFO lights, and multiple electrical outlets including 50-amp and 30-amp connections. Side walls are approximately 15 feet in height, and the building includes snow guards, engineered trusses, laminated posts, and steel siding. The property is located at 2160 Tonawanda Lake Rd in Grawn, Michigan, with shared electrical service across buildings (one meter per building) as part of the HOA structure. The warehouse was built in 2026.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
800 SF
Lot
0.02 ac (784 SF)
Zoning code
C- COMMERCIAL
APN
07-848-005-01
UPID
US43-2040842
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
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
Zoning & alternative use
C- COMMERCIAL · Grawn, MI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
800 SF
Lot area
0.02 ac
Year built
2007
Stories
1
APN
07-848-005-01
Zoning
C- COMMERCIAL
Assessed value
$13,900
Annual tax
$498
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$14k
Move the market yield to see immediate price impact.
Value / SF
$17
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$876
$18k
$13k
$10k
$973
$19k
$14k
$11k
$1k
$21k
$15k
$12k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$498
Tax year 2023
Assessed value
$13,900
Assessed 2023
Previous assessed
$13,900
+0.0% YoY
Effective rate
3.58%
On assessed value
Total market value
$34,321
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
NONE
Cooling
NONE
Stories
1
Total area
800 SF
Lot
0.02 ac (784 SF)
Zoning code
C- COMMERCIAL
APN
07-848-005-01
UPID
US43-2040842
Jurisdiction
GRAND TRAVERSE
Zoning & alternative use
C- COMMERCIAL · Grawn, MIZoning C- COMMERCIAL · permitted uses
C- COMMERCIAL · Grawn, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.02 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C- COMMERCIAL
Jurisdiction
Grawn, MI
Recorded code
C- COMMERCIAL
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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