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Property profile & analytics
OFF-MARKET
Estimated value
$300,000
Retail space
257 Brg St Dimondale, MI 48821-9236
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-2367969
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
2,626 SF
Lot
0.08 ac (3,485 SF)
Zoning code
B-1
APN
081 000 636 055 00
UPID
US43-2367969
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
-
Nurture Studios Gym & Fitness Center
-
The Collective Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
Gardenesque LLC · 1 yrs held
Gardenesque LLC
since 2024
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
B-1 · Dimondale, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Business District is designed to provide convenient, day-to-day retail shopping and service facilities for persons residing in the community with a minimum impact upon surrounding residential development
Zone name
Business
General category
COMMERCIAL
Zone area
11.10 ac
Source
Realmo
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 Dimondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dimondale 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
$300,000
ML approach
$300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$300k
Range $270k – $330k · ±10% · vs last sale $300k (Nov 7 2024)
Last sale anchor
$300k
Nov 7 2024
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
$114 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,095
Tax year 2023
Assessed value
$79,700
Assessed 2024
Previous assessed
$81,000
-1.6% YoY
Effective rate
3.88%
On assessed value
Total market value
$159,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
FORCED AIR
Stories
2
Total area
2,626 SF
Lot
0.08 ac (3,485 SF)
Zoning code
B-1
APN
081 000 636 055 00
UPID
US43-2367969
Jurisdiction
EATON
Zoning & alternative use
B-1 · Dimondale, MIZoning B-1 · permitted uses
B-1 · Dimondale, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Business District is designed to provide convenient, day-to-day retail shopping and service facilities for persons residing in the community with a minimum impact upon surrounding residential development
Zone name
Business
General category
COMMERCIAL
Zone area
11.10 ac
Source
Realmo
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Gardenesque LLC
Entity
Mailing address
6430 CHESHIRE DR, DIMONDALE, MI 48821-9407
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Gardensque LLC
—
Deed
related
$132,000 · Great Lakes Commercial Finance
Nov 7, 2024
$300,000
Gardenesque LLC
Kaylee Mcdowell
Warranty Deed
$274,689 · The Dart Bank
Jun 21, 2022
$335,000
Kaylee Mcdowell
Kim Stewart
Warranty Deed
—
Jun 14, 2021
$244,000
Kim Stewart
Michael Vandlen
Warranty Deed
—
Jun 14, 2021
$105,000
Vandlen Properties LLC
Timothy Makinen
Warranty Deed
—
Jun 14, 2021
—
Michael Vandien
Vandlen Properties LLC
Intrafamily Transfer
related
—
Jan 24, 2013
$50,000
Timothy Makinen
Union Bank
Warranty Deed
—
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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