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Property profile & analytics
OFF-MARKET
Industrial properties
4870 Riv NE Dr Comstock Park, MI 49321-8942
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US43-1781662
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
3 ac (130,680 SF)
Zoning code
I
APN
41-10-30-277-027
UPID
US43-1781662
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
-
Cage 52 Arcade & Gaming Center Sports Field & Court
-
Pinnacle Cleaning Services Inc Commercial Cleaning Service Cleaners
-
Vizidef Marketing & Advertising IT Consulting Firm
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
Comstock Park Holdings LLC · 9 yrs held
Comstock Park Holdings LLC
since 2017
6 recorded transactions
Zoning & alternative use
I · Comstock Park, 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 Comstock Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Comstock Park 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 2021Property tax & assessments
Tax year 2021
Tax billed
$39,845
Tax year 2021
Assessed value
$848,100
Assessed 2023
Previous assessed
$772,700
+9.8% YoY
Effective rate
4.70%
On assessed value
Total market value
$1,696,200
Applied tax rate
26.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
3 ac (130,680 SF)
Zoning code
I
APN
41-10-30-277-027
UPID
US43-1781662
Jurisdiction
KENT
Zoning & alternative use
I · Comstock Park, MIZoning I · permitted uses
I · Comstock Park, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
3 ac
Current owner
From public records · entity-resolved
Comstock Park Holdings LLC
Entity
Mailing address
11031 GRANGE AVE, SPARTA, MI 49345-8392
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2017
—
Comstock Park Holdinfgs LLC A Michi
—
Deed
related
$1,120,000 · Choiceone Bank
Jun 14, 2017
—
Comstock Park Holdings LLC
R & R Land Investors LLC
Warranty Deed
—
Jan 17, 2017
—
R & R Land Investors LLC
—
Deed
related
$1,087,500 · United Bk/mi
—
—
R Development
—
Deed Of Trust
related
$1,150,000 · Mercantile Bank Of W Michigan
—
—
R & R Land Investors LLC
—
Deed Of Trust
related
$1,087,500 · United Bk/mi
—
—
R Development
—
Deed Of Trust
related
$598,140 · Founders Trust Personal Bank
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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