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Property profile & analytics
OFF-MARKET
Commercial real estate
367 Us Hwy 41st E, Negaunee, MI 49866-9624
Entity Owned
13-yr Hold
Free & Clear
Property ID
US43-2495273
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2009
Total area
19,105 SF
Lot
3.8 ac (165,528 SF)
Zoning code
GB GENERAL
APN
52-10-123-117-00
UPID
US43-2495273
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Arc Tsngnmi001 LLC · 13 yrs held
Arc Tsngnmi001 LLC
since 2012
3 recorded transactions
Zoning & alternative use
GB GENERAL · Negaunee, 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 Negaunee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Negaunee 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 2023Property tax & assessments
Tax year 2023
Tax billed
$34,492
Tax year 2023
Assessed value
$712,700
Assessed 2023
Previous assessed
$724,400
-1.6% YoY
Effective rate
4.84%
On assessed value
Total market value
$1,425,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Stories
1
Total area
19,105 SF
Lot
3.8 ac (165,528 SF)
Zoning code
GB GENERAL
APN
52-10-123-117-00
UPID
US43-2495273
Jurisdiction
MARQUETTE
Zoning & alternative use
GB GENERAL · Negaunee, MI
Zoning GB GENERAL · permitted uses
GB GENERAL · Negaunee, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Negaunee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
FORCED AIR
Stories
1
Lot
3.8 ac
Current owner
From public records · entity-resolved
Arc Tsngnmi001 LLC
Entity
Free & Clear · 13 yrs held
Mailing address
5401 VIRGINIA WAY, BRENTWOOD, TN 37027-7536
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2012
—
Arc Tsngnmi001 LLC
Canal Crossings LLC
Special Warranty Deed
—
Jul 10, 2009
$400,000
Canal Crossing LLC
Pathways To Healthy Living
Warranty Deed
—
Jul 7, 2009
—
Pathways To Healthy
Alger Community Mental Health Cente
Quit Claim Deed
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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