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Property profile & analytics
FOR LEASE
Retail space
2810 Capital Ave SW Battle Creek, MI 49015
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-2194910
For Lease
1 / 4
$550,000
2810 Capital Ave SW, Battle Creek, MI 49015
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Total area
7,920 SF
Lot
1.93 ac (84,158 SF)
Zoning code
B2
APN
0635-24-100-1
UPID
US43-2194910
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
-
Panera Bread Take-out & Catering Catering Service
-
Van Horn's Market Grocery & Convenience Store
-
Coin Cloud Bitcoin ATM Atm Crypto Atm
-
Caribou Coffee Cafe & Coffee Shop
-
Aulrad's Consulting Inc. Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$731k
Blend (final)
Blend
$550k
Owner & transaction history
2810 Capital LLC · 2 yrs held
2810 Capital LLC
since 2024
Last sale
$548,998
7 recorded transactions
Zoning & alternative use
B2 · Battle Creek, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$660,000
+40.4%
Office building
$585,000
+24.7%
Auto repair, garage
$535,000
+14.2%
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 Battle Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Battle Creek 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
$550,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$470,000
Current use
RESTAURANT
$660,000
Change: +40% · Conversion: Easy
OFFICE BUILDING
$585,000
Change: +25% · Conversion: Easy
AUTO REPAIR, GARAGE
$535,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $549k (Jan 29 2024)
Last sale anchor
$549k
Jan 29 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
$69 / 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
Assessed value
$443,539
Assessed 2024
Previous assessed
$350,695
+26.5% YoY
Total market value
$887,078
Applied tax rate
13,090.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2008
Heating
FORCED AIR
Stories
1
Total area
7,920 SF
Lot
1.93 ac (84,158 SF)
Zoning code
B2
APN
0635-24-100-1
UPID
US43-2194910
Jurisdiction
CALHOUN
Zoning & alternative use
B2 · Battle Creek, MI
Zoning B2 · permitted uses
B2 · Battle Creek, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Battle Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$470,000
RESTAURANT
Est. value
$660,000
OFFICE BUILDING
Est. value
$585,000
AUTO REPAIR, GARAGE
Est. value
$535,000
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
FORCED AIR
Stories
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
2810 Capital LLC
Entity
Mailing address
29500 TELEGRAPH RD STE #100, SOUTHFIELD, MI 48034-1358
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
Jan 29, 2024
—
2810 Capital LLC
Mike Jaboro Living Trust
Quit Claim Deed
related
—
Sep 9, 2022
$548,998
Mike Jaboro Living Trust
2810 Capital LLC
Warranty Deed
—
Dec 7, 2020
—
2810 Capital LLC
—
Deed
related
$300,000 · Obi Investments LLC
Dec 28, 2018
—
2810 Capital LLC
Justa 4 INC
Warranty Deed
$1,200,000 · Main Street Bank
Sep 1, 2016
—
Justa 4 INC
—
Deed
related
$840,000 · Blue Ox
Feb 10, 2012
$19,271
Chemical Bank
Calhoun County Treasurer
Redemption Deed
related
—
Sep 15, 2008
—
Justa #4 INC
Justa LLC 4
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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