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Property profile & analytics
OFF-MARKET
Manufacturing properties
37555 Peters Dr Paw Paw, MI 49079-8744
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-2074589
Property summary
AI-generated overview
This 4,400 square foot Class B industrial manufacturing building, situated on a 3-acre lot in Paw Paw, Michigan (49079), presents a unique investment opportunity. Built in 2000, the single-story structure features a 14-foot ceiling height and is fully equipped as a marijuana grow facility, including twelve double rack systems with lights, a reverse osmosis system, and dehumidifiers. The property boasts a well and septic system
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Total area
4,400 SF
Lot
3 ac (130,680 SF)
Zoning code
HCI
APN
80-14-014-027-45
UPID
US43-2074589
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
Good Nature Cannabis Company LLC · 1 yrs held
Good Nature Cannabis Company LLC
since 2024
5 recorded transactions
Zoning & alternative use
HCI · Paw Paw, 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 Paw Paw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paw Paw 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
$5,282
Tax year 2020
Assessed value
$241,700
Assessed 2024
Previous assessed
$241,700
+0.0% YoY
Effective rate
2.19%
On assessed value
Total market value
$483,400
Applied tax rate
80,140.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Total area
4,400 SF
Lot
3 ac (130,680 SF)
Zoning code
HCI
APN
80-14-014-027-45
UPID
US43-2074589
Jurisdiction
VAN BUREN
Zoning & alternative use
HCI · Paw Paw, MI
Zoning HCI · permitted uses
HCI · Paw Paw, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paw Paw. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
Good Nature Cannabis Company LLC
Entity
Mailing address
1360 E CROOKED LK DRF, KALAMAZOO, MI 49009-8950
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2024
$700,000
Good Nature Cannabis Company LLC
Roeselare Holding LLC
Deed
—
Oct 14, 2024
—
Roeselare Holdings LLC
Sandy Shores Leasing LLC
Quit Claim Deed
related
—
Nov 1, 2021
—
Sandy Shores Leasing LLC
Roseselare Holdings LLC
Land Contract
—
Oct 9, 2019
$262,500
Roselare Holdings LLC
Cd Taplin Properties LLC
Warranty Deed
$170,625 · Gw Jones Exchange Bank
Mar 7, 2012
$3,702
Taplin Enterprises LLC
Van Buren County Treasurer
Redemption 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.
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