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Property profile & analytics
FOR SALE
Commercial real estate
602 Jackson St Petoskey, MI 49770
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-3391870
For Sale
1 / 50
$564,900
602 Jackson St, Petoskey, MI 49770
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
1,660 SF
Lot
0.09 ac (3,920 SF)
Zoning code
COP B-3
APN
52-19-06-126-043
UPID
US43-3391870
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
Big Truss LLC · 3 yrs held
Big Truss LLC
since 2023
6 recorded transactions
Zoning & alternative use
COP B-3 · Petoskey, 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 Petoskey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Petoskey 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
Property tax & assessments
Assessed value
$120,300
Assessed 2023
Previous assessed
$114,500
+5.1% YoY
Assessed land
$11,300
Assessed improvement
$109,000
Land market value
$22,600
Improvement market value
$218,000
Total market value
$240,600
Applied tax rate
52.0000
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
For Sale
Stories
2
Units
2
Total area
1,660 SF
Lot
0.09 ac (3,920 SF)
Zoning code
COP B-3
APN
52-19-06-126-043
UPID
US43-3391870
Jurisdiction
EMMET
Zoning & alternative use
COP B-3 · Petoskey, MI
Zoning COP B-3 · permitted uses
COP B-3 · Petoskey, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Petoskey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Stories
2
Units
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Big Truss LLC
Entity
Mailing address
336 W 1ST ST, FLINT, MI 48502-1330
Ownership since
2023
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
Sep 25, 2025
—
Big Truss LLC
—
Deed
related
$1 · First Community Bank
Mar 8, 2023
—
Big Truss LLC
Ashley Ann Foltz Potterfoltz
Warranty Deed
$1 · First Community Bank
Mar 2, 2023
—
Nicholas Mark Foltz
Ashley Ann Foltz Potterfoltz
Quit Claim Deed
related
—
Mar 20, 2017
—
Jlb Property Holdings LLC
Jlb Holdings LLC
Intrafamily Transfer
related
—
Dec 21, 2015
$18,000
Ashley Ann Potter Foltz
Amicus Management INC
Quit Claim Deed
related
—
May 7, 2008
—
Clayton J Brown
Clayton J Brown
Quit Claim Deed
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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