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Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Auto shops
3950 Dickman Rd Springfield, MI 49037-7550
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US43-1955531
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1950
Total area
35,340 SF
Lot
3.14 ac (136,996 SF)
Zoning code
B-3
APN
54-005-070-15
UPID
US43-1955531
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
$1.59M
Blend (final)
Blend
$1.59M
Owner & transaction history
Brechi LLC · 9 yrs held
Brechi LLC
since 2017
7 recorded transactions
Zoning & alternative use
B-3 · Springfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.6M
+9.2%
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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,385,000
Current use
OFFICE BUILDING
$2,605,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$2,090,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10%
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
$45 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$22,559
Tax year 2022
Assessed value
$470,429
Assessed 2024
Previous assessed
$476,764
-1.3% YoY
Effective rate
4.80%
On assessed value
Total market value
$940,858
Applied tax rate
13,020.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Stories
1
Total area
35,340 SF
Lot
3.14 ac (136,996 SF)
Zoning code
B-3
APN
54-005-070-15
UPID
US43-1955531
Jurisdiction
CALHOUN
Zoning & alternative use
B-3 · Springfield, MIZoning B-3 · permitted uses
B-3 · Springfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.6M
RETAIL STORES
Est. value
$2.1M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Stories
1
Lot
3.14 ac
Current owner
From public records · entity-resolved
Brechi LLC
Entity
Mailing address
3950 W DICKMAN RD, SPRINGFIELD, MI 49037-7550
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2026
—
Brechi LLC
—
Deed
related
$296,000 · Michigan Certified Developement Corporai
Nov 22, 2023
—
Brechi LLC
—
Deed
related
$358,334 · Southern Michigan Bank & Trust
Aug 17, 2023
—
Brech LLC
—
Deed
related
$1,319,000 · Michigan Certified Development Corp
Apr 25, 2023
—
Brechi LLC
—
Deed
related
$358,334 · Southern Michigan Bank & Trust
Sep 7, 2021
—
Brechl LLC
—
Deed
related
$1,326,000 · Southern Michigan Bank & Trust
Jun 24, 2021
—
Brechi LLC
—
Deed
related
$1,750,532 · Southern Michigan Bank & Trust
Jan 18, 2019
—
Brechi LLC
—
Deed
related
$150,000 · United States Small Business Admin
Oct 30, 2018
—
Brechi LLC
—
Deed
related
$156,000 · Michigan Certified Development Corp
Jun 26, 2017
$89,100
Brechi LLC
Battle Creek Gravel Company
Warranty Deed
$150,000 · Kellogg Community Cu
Jun 26, 2017
—
Brechi LLC
—
Deed
related
$150,000 · Kellogg Community Cu
May 23, 2017
$89,100
Brech LLC
Battle Creek Gravel Company
Land Contract
—
Jan 7, 2015
—
Brechi LLC
Battle Creek Gravel Company
Land Contract
—
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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