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Property profile & analytics
OFF-MARKET
Commercial real estate
390 Maple St Climax, MI 49034-9600
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-2207141
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Total area
2,118 SF
Lot
0.91 ac (39,640 SF)
Zoning code
MED DEN RE
APN
12-02-302-620
UPID
US43-2207141
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
-
Hayward's Tax & Accounting Inc Accounting Firm Tax Preparation
-
Prudential Preferred Realty Real Estate Agency
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
Tlp4 LLC · 2 yrs held
Tlp4 LLC
since 2024
Last sale
$150,000
4 recorded transactions
Zoning & alternative use
MED DEN RE · Climax, 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 Climax submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Climax 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 2019Property tax & assessments
Tax year 2019
Tax billed
$4,752
Tax year 2019
Assessed value
$99,200
Assessed 2023
Previous assessed
$99,200
+0.0% YoY
Effective rate
4.79%
On assessed value
Total market value
$198,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
2,118 SF
Lot
0.91 ac (39,640 SF)
Zoning code
MED DEN RE
APN
12-02-302-620
UPID
US43-2207141
Jurisdiction
KALAMAZOO
Zoning & alternative use
MED DEN RE · Climax, MI
Zoning MED DEN RE · permitted uses
MED DEN RE · Climax, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Climax. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Tlp4 LLC
Entity
Mailing address
15223 ES AVE, FULTON, MI 49052-9759
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
—
Tlp4 LLC
Timothy L Piper
Assignment Of Agreement Of Sale
—
May 16, 2024
$150,000
Tlp4 LLC
Gary W Hayward
Warranty Deed
—
Dec 13, 2018
—
Gary W Hayward
Julie A Hayward
Intrafamily Transfer
related
—
Oct 16, 2014
—
Gary W Hayward
Gary W Hayward
Intrafamily Transfer
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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