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Property profile & analytics
OFF-MARKET
Estimated value
$130,000
Strip malls
3363 68th SE St Caledonia, MI 49316-7862
Entity Owned
6-yr Hold
Free & Clear
Property ID
US43-1013928
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Total area
4,000 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C2-HEAVY COMM
APN
41-22-02-301-095
UPID
US43-1013928
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
-
MT Design Steelwork Design Service
-
Beyond the Door Home Decor Store Department Store
-
The Haven Salon Hair Salon
-
Robert David & Associates Business Management Consultant
-
IRT Commercial Services Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$130k
Owner & transaction history
3363 Properties LLC · 6 yrs held
3363 Properties LLC
since 2020
Last sale
$155,000
4 recorded transactions
Zoning & alternative use
C2-HEAVY COMM · Caledonia, 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 Caledonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Caledonia 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
$130,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$130k
Range $117k – $143k · ±10% · vs last sale $155k (Jun 2 2020)
Last sale anchor
$155k
Jun 2 2020
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
$33 / 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 2021Property tax & assessments
Tax year 2021
Assessed value
$123,500
Assessed 2023
Previous assessed
$112,700
+9.6% YoY
Total market value
$247,000
Applied tax rate
20.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
1
Stories
1
Total area
4,000 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C2-HEAVY COMM
APN
41-22-02-301-095
UPID
US43-1013928
Jurisdiction
KENT
Zoning & alternative use
C2-HEAVY COMM · Caledonia, MIZoning C2-HEAVY COMM · permitted uses
C2-HEAVY COMM · Caledonia, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
3363 Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
503 S SHR DR, CALEDONIA, MI 49316-9228
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2020
$155,000
3363 Properties LLC
Michael Slachter
Warranty Deed
—
Dec 7, 2016
—
3363 Properties LLC
Slachter,michael & Kimberly
Grant Deed
related
—
Jul 2, 2001
$150,000
Josephson Trust
Kuiper,mark W & Mary C
Grant Deed
—
Jul 2, 2001
—
Michael Slachter
Mockema,wayne & Jullette J
Quit Claim Deed
related
$95,000 · State Bank Of Caledonia
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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