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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Automotive properties
220 Helmer N Rd Springfield, MI 49037-7916
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US43-2105269
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Total area
48,000 SF
Lot
5.57 ac (242,455 SF)
Zoning code
I-1
APN
54-080-049-17
UPID
US43-2105269
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
$1.03M
Blend (final)
Blend
$1.03M
Owner & transaction history
Bc Byrd Unlimited LLC · 17 yrs held
Bc Byrd Unlimited LLC
since 2008
7 recorded transactions
Zoning & alternative use
I-1 · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$21 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$13,376
Tax year 2022
Assessed value
$239,600
Assessed 2024
Previous assessed
$218,011
+9.9% YoY
Effective rate
5.58%
On assessed value
Total market value
$479,200
Applied tax rate
13,020.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Heating
FORCED AIR
Stories
1
Total area
48,000 SF
Lot
5.57 ac (242,455 SF)
Zoning code
I-1
APN
54-080-049-17
UPID
US43-2105269
Jurisdiction
CALHOUN
Zoning & alternative use
I-1 · Springfield, MI
Zoning I-1 · permitted uses
I-1 · Springfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Lot
5.57 ac
Current owner
From public records · entity-resolved
Bc Byrd Unlimited LLC
Entity
Mailing address
220 HELMER RD N, SPRINGFIELD, MI 49037-7916
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2025
—
Bc Byrd Unlimited LLC
—
Deed
related
$50,000 · Kellogg Community Cu
Oct 16, 2024
—
Byrds Landing INC
—
Deed
related
$50,000 · Kellogg Community Cu
May 5, 2021
—
Bc Byrd Unlimited LLC
—
Deed
related
$278,000 · Kellogg Community Cu
May 25, 2016
—
Bc Byrd Unlimited LLC
—
Deed
related
$365,000 · Chemical Bank
Sep 11, 2008
—
Bc Byrd Unlimited LLC
Brent S Byrd
Quit Claim Deed
related
—
Aug 3, 2007
—
Brent S Byrd
Kathy A Seifert
Intrafamily Transfer
related
$400,000 · Comerica Bank
May 24, 2005
—
Paulette A Byrd
Paulette A Byrd
Intrafamily Transfer
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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