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Property profile & analytics
OFF-MARKET
Commercial real estate
54099 County Rd 388, Grand Junction, MI 49056-9225
Individually Owned
1-yr Hold
Free & Clear
Property ID
US43-4847283
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
1,050 SF
Lot
0.2 ac (8,712 SF)
Zoning code
COMMERICAL
APN
80-06-620-201-00
UPID
US43-4847283
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Leobardo Sandoval Matus · 1 yrs held
Leobardo Sandoval Matus
since 2025
Last sale
$155,000
6 recorded transactions
Zoning & alternative use
COMMERICAL · Grand Junction, 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 Grand Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Junction 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 2020Property tax & assessments
Tax year 2020
Tax billed
$1,207
Tax year 2020
Assessed value
$66,300
Assessed 2023
Previous assessed
$71,500
-7.3% YoY
Effective rate
1.82%
On assessed value
Total market value
$132,600
Applied tax rate
80,060.0000
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
1900
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
1,050 SF
Lot
0.2 ac (8,712 SF)
Zoning code
COMMERICAL
APN
80-06-620-201-00
UPID
US43-4847283
Jurisdiction
VAN BUREN
Zoning & alternative use
COMMERICAL · Grand Junction, MI
Zoning COMMERICAL · permitted uses
COMMERICAL · Grand Junction, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Junction. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Leobardo Sandoval Matus
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 122, GRAND JUNCTION, MI 49056-0122
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
May 28, 2025
$155,000
Leobardo Sandoval Matus
Davidrose Investment Enterprises In
Warranty Deed
—
May 28, 2025
—
E & L Sazon Oaxaqueno LLC
Leobardo Sandoval Matus
Warranty Deed
$52,435 · Consumers Cu
Oct 7, 2022
—
Leobardo Sandoval Matus
Davidrose Investment Enterprises In
Land Contract
—
Mar 19, 2010
$15,000
Davidrose Investment Enterprises In
Consumers Credit Union
Warranty Deed
—
Feb 19, 2008
$50,517
Consumers Cu
Ronald D Elder
Sheriffs Deed
related
—
Oct 19, 2006
—
Ronald Dean Elder
Stacey Michelle Elder
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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