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Property profile & analytics
OFF-MARKET
Office buildings
24560 Cole Ave Mattawan, MI 49071-9333
Entity Owned
3-yr Hold
Free & Clear
Property ID
US43-2216103
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
13,092 SF
Lot
2.1 ac (91,476 SF)
Zoning code
CALL VILLAGE
APN
80-46-700-008-00
UPID
US43-2216103
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Almena Auto Sales Car Dealership
-
Midway Self Storage & U-Haul Mattawan Storage Facility
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
Midway Self Storage LLC · 3 yrs held
Midway Self Storage LLC
since 2022
Last sale
$375,000
6 recorded transactions
Zoning & alternative use
CALL VILLAGE · Mattawan, MI
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 Mattawan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mattawan 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 2020Property tax & assessments
Tax year 2020
Tax billed
$13,501
Tax year 2020
Assessed value
$259,200
Assessed 2023
Previous assessed
$258,500
+0.3% YoY
Effective rate
5.21%
On assessed value
Total market value
$518,400
Applied tax rate
80,460.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Stories
1
Total area
13,092 SF
Lot
2.1 ac (91,476 SF)
Zoning code
CALL VILLAGE
APN
80-46-700-008-00
UPID
US43-2216103
Jurisdiction
VAN BUREN
Zoning & alternative use
CALL VILLAGE · Mattawan, MIZoning CALL VILLAGE · permitted uses
CALL VILLAGE · Mattawan, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Public Doc/Reports
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
2.1 ac
Current owner
From public records · entity-resolved
Midway Self Storage LLC
Entity
Free & Clear · 3 yrs held
Mailing address
38476 33RD ST, MATTAWAN, MI 49071
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2024
—
Midway Self Storage LLC
—
Deed
related
$170,000 · Horizon Bank
Sep 6, 2022
—
Midway Self Storage LLC
Tremblay International Properties L
Quit Claim Deed
related
—
Sep 6, 2022
$375,000
Midway Self Storage LLC
Karen S Hall Living Trust
Warranty Deed
$750,000 · Horizon Bank
Aug 30, 2017
—
Tremblay International Properties L
Karen S Hall
Land Contract
—
Aug 4, 2008
—
Gene Hall SR.
C Gene Hall SR.
Intrafamily Transfer
related
—
Jul 7, 2005
—
C Gene Hall SR.
C Gene Hall SR.
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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