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Property profile & analytics
OFF-MARKET
Estimated value
$2,075,000
Commercial real estate
601 Gordon Industrial SW Ct, Byron Center, MI 49315-8356
Entity Owned
Free & Clear
Property ID
US43-1576566
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Total area
39,680 SF
Lot
9.64 ac (420,049 SF)
Zoning code
D1
APN
41-21-13-100-078
UPID
US43-1576566
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
-
Online-AuctionSoftware.com (Bike/Boat/Book/etc) Store Corporate Office
-
Miedema Appraisals Real Estate Agency
-
LASTBIDrealestate.com Trade Show Venue (Bike/Boat/Book/etc) Store
-
Rangerbid Trade Show Venue (Bike/Boat/Book/etc) Store
-
Orbitbid.com Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$2.08M
Owner & transaction history
Vb Acquisitions LLC
Vb Acquisitions LLC
since 2025
6 recorded transactions
Zoning & alternative use
D1 · Byron Center, 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 Byron Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Byron Center 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
COMMERCIAL (GENERAL)
$3,260,000
Current use
RETAIL STORES
$3,225,000
Change: -1% · Conversion: Easy
OFFICE BUILDING
$3,040,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$2.08M
Range $1.87M – $2.28M · ±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
$52 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$34,596
Tax year 2019
Assessed value
$1,214,200
Assessed 2023
Previous assessed
$1,007,800
+20.5% YoY
Effective rate
2.85%
On assessed value
Total market value
$2,428,400
Applied tax rate
15.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Total area
39,680 SF
Lot
9.64 ac (420,049 SF)
Zoning code
D1
APN
41-21-13-100-078
UPID
US43-1576566
Jurisdiction
KENT
Zoning & alternative use
D1 · Byron Center, MI
Zoning D1 · permitted uses
D1 · Byron Center, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Byron Center. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.3M
RETAIL STORES
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
1990
Heating
NONE
Stories
1
Lot
9.64 ac
Current owner
From public records · entity-resolved
Vb Acquisitions LLC
Entity
Free & Clear · 0 yrs held
Mailing address
601 GORDON INDUSTRIAL CT SW, BYRON CENTER, MI 49315-8356
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
Feb 25, 2026
—
Vb S1 Assets LLC
—
Deed
related
$84,838 · Deutsche Bank Trust Co
Sep 9, 2025
—
Vb Acquisitions LLC
Cellco Partnership
Deed
—
Jul 15, 2003
—
Investors LP Burlingame
Wells Transport LLC
Grant Deed
related
—
—
—
Wells Trucking Partnership
—
Deed Of Trust
related
$1,464,000 · Huntington National Bank
—
—
Investors LP Burlingame
—
Deed Of Trust
related
—
—
—
Investors LP Burlingame
—
Deed Of Trust
related
$1,280,000 · United Bank Of Michigan
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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