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Property profile & analytics
OFF-MARKET
Medical Office Space
391 Shr Dr Ste 111b Battle Creek, MI 49014-5446
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US43-2255812
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Total area
1,110 SF
Lot
0.19 ac (8,233 SF)
Zoning code
T3
APN
6120-00-011-0
UPID
US43-2255812
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
-
Regional Medical Lab Inc-Oak Medical Laboratory
-
Comforts of Home Counseling & Care Management LLC Social Worker Counselor
-
Wattles Park Family Practice Medical Clinic
-
Dr. Andrew J. Gordon, MD Physician
-
General Surgical Associates Medical Clinic
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
Anthony B Janas · 10 yrs held
Anthony B Janas
since 2015
1 recorded transaction
Zoning & alternative use
T3 · Battle Creek, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
MILY RESIDENTIAL DISTRICT. 1240.09 R-3 MULTIPLE FAMILY RESIDENTIAL DISTRICT. 1240.10 MFR HIGH DENSITY MULTIPLE FAMILY DISTRICT. 1240.11 B-1 CORRIDOR COMMERCIAL DISTRICT. 1240.12 B-2 REGIONAL COMMERCIAL DISTRICT. 1240.13 T-3 NEIGHBORHOOD COMMERCIAL DISTRICT. 1240.14 T-4 DOWNTOWN COMMERCIAL DISTRICT. 1240.15 T-5 CORE DOWNTOWN COMMERCIAL DISTRICT. 1240.16 I-1 L…
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
388.85 ac
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
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 2022Property tax & assessments
Tax year 2022
Assessed value
$26,240
Assessed 2024
Previous assessed
$22,924
+14.5% YoY
Total market value
$52,480
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Stories
1
Total area
1,110 SF
Lot
0.19 ac (8,233 SF)
Zoning code
T3
APN
6120-00-011-0
UPID
US43-2255812
Jurisdiction
CALHOUN
Zoning & alternative use
T3 · Battle Creek, MIZoning T3 · permitted uses
T3 · Battle Creek, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
MILY RESIDENTIAL DISTRICT. 1240.09 R-3 MULTIPLE FAMILY RESIDENTIAL DISTRICT. 1240.10 MFR HIGH DENSITY MULTIPLE FAMILY DISTRICT. 1240.11 B-1 CORRIDOR COMMERCIAL DISTRICT. 1240.12 B-2 REGIONAL COMMERCIAL DISTRICT. 1240.13 T-3 NEIGHBORHOOD COMMERCIAL DISTRICT. 1240.14 T-4 DOWNTOWN COMMERCIAL DISTRICT. 1240.15 T-5 CORE DOWNTOWN COMMERCIAL DISTRICT. 1240.16 I-1 LIGHT INDUSTRIAL DISTRICT. 1240.17 I-2 HEAVY INDUSTRIAL DISTRICT. 1240.18 S SPARK DI
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
388.85 ac
Building & site characteristics
From public records
Year built
1989
Heating
FORCED AIR
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Anthony B Janas
Individual
Mailing address
391 S SHR DR STE 111B, BATTLE CREEK, MI 49014-5446
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2015
$34,900
Anthony B Janas
Rhoades Construction INC
Warranty Deed
$17,450 · Rhoades Construction INC
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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