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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Drug stores
5991 Beckley Rd Battle Creek, MI 49014-8386
Entity Owned
Free & Clear
Property ID
US43-2339189
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2004
Total area
14,748 SF
Lot
1.58 ac (68,825 SF)
Zoning code
B2
APN
0075-00-750-0
UPID
US43-2339189
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
-
Walgreens Pharmacy Pharmacy
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.36M
Owner & transaction history
GEENEN DE KOCK PROPERTIES L L C
GEENEN DE KOCK PROPERTIES L L C
Zoning & alternative use
B2 · Battle Creek, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Y RESIDENTIAL DISTRICT. 1240.08 R-2 TWO FAMILY 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 D…
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
420.70 ac
Top alternative use upside
Commercial (general)
$1.9M
+113.1%
Restaurant
$1.2M
+40.4%
Office building
$1.1M
+24.7%
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
Alternative Use
Use
Estimation
RETAIL STORES
$870,000
Current use
COMMERCIAL (GENERAL)
$1,860,000
Change: +113% · Conversion: Easy
RESTAURANT
$1,225,000
Change: +40% · Conversion: Easy
OFFICE BUILDING
$1,085,000
Change: +25% · Conversion: Easy
AUTO REPAIR, GARAGE
$995,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±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
$92 / 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
$1,064,155
Assessed 2024
Previous assessed
$982,166
+8.3% YoY
Total market value
$2,128,310
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Stories
1
Total area
14,748 SF
Lot
1.58 ac (68,825 SF)
Zoning code
B2
APN
0075-00-750-0
UPID
US43-2339189
Jurisdiction
CALHOUN
Zoning & alternative use
B2 · Battle Creek, MIZoning B2 · permitted uses
B2 · Battle Creek, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Y RESIDENTIAL DISTRICT. 1240.08 R-2 TWO FAMILY 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 HEA
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
420.70 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$870,000
COMMERCIAL (GENERAL)
Est. value
$1.9M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$995,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2004
Heating
FORCED AIR
Stories
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
GEENEN DE KOCK PROPERTIES L L C
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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