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Property profile & analytics
OFF-MARKET
Estimated value
$430,000
Banks
41 2nd St Battle Creek, MI 49014-6286
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US43-2102043
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1986
Total area
17,356 SF
Lot
2.28 ac (99,317 SF)
Zoning code
I1
APN
2780-00-024-0
UPID
US43-2102043
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
-
Kellogg Community Credit Union Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$430k
Owner & transaction history
Kent W Hynes JR · 8 yrs held
Kent W Hynes JR
since 2018
1 recorded transaction
Zoning & alternative use
I1 · Battle Creek, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
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 DISTRICT. 1240.19 OFFICIAL ZONING MAP AND INTERPRETATIO…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,786.66 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
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
Blend value · Realmo final
$430k
Range $387k – $473k · ±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
$25 / 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
Assessed value
$437,686
Assessed 2024
Previous assessed
$394,838
+10.9% YoY
Total market value
$875,372
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Stories
1
Total area
17,356 SF
Lot
2.28 ac (99,317 SF)
Zoning code
I1
APN
2780-00-024-0
UPID
US43-2102043
Jurisdiction
CALHOUN
Zoning & alternative use
I1 · Battle Creek, MIZoning I1 · permitted uses
I1 · Battle Creek, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
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 DISTRICT. 1240.19 OFFICIAL ZONING MAP AND INTERPRETATION. 1240.20 DISTRICT BOUNDARY UNCERTAINTIES. 1240.21 ZONING DISTRICTS. CHAPTER 1241
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,786.66 ac
Building & site characteristics
From public records
Year built
1986
Heating
FORCED AIR
Stories
1
Lot
2.28 ac
Current owner
From public records · entity-resolved
Kent W Hynes JR
Individual
Mailing address
PO BOX 140, BATTLE CREEK, MI 49016-0140
Ownership since
2018
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
Jan 24, 2018
—
Kent W Hynes JR
—
Deed
related
$17,500 · Kellogg Community Cu
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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