Individually Owned Property summary
AI-generated overview
A 13.42-acre property in downtown Frederic, situated just off the main highway. The site includes a 1,200 sq ft cabin and a detached 2-car garage, along with site utilities and support amenities including a septic system, a Generac generator, a pellet stove, multiple outdoor electrical outlets, an RV hookup, a greenhouse, and a chicken coop. The property is configured to accommodate additional residential construction, with the potential to build multiple small houses, and it may also support commercial or mixed-use development depending on applicable zoning and approvals.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
1,280 SF
Lot
13.49 ac (587,624 SF)
Zoning code
COMMERICAL
APN
031-035-015-020-00
UPID
US43-3801914
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$235k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$195k
Owner & transaction history
since 2017
1 recorded transaction
Zoning & alternative use
COMMERICAL · Frederic, MI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$195k
Value range
$176k – $215k
±10% around blend
Estimated value / SF
$152 / SF
Confidence
Property data
100
Comparable evidence
60
$176k
blend $195k
$215k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,280 SF
Lot area
13.49 ac
Year built
2000
Stories
1
APN
031-035-015-020-00
Zoning
COMMERICAL
Assessed value
$64,400
Annual tax
$125
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$195k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$64k
Move the market yield to see immediate price impact.
Value / SF
$50
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$4k
$81k
$58k
$45k
$5k
$90k
$64k
$50k
$5k
$99k
$71k
$55k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$125
Tax year 2023
Assessed value
$64,400
Assessed 2024
Previous assessed
$62,300
+3.4% YoY
Effective rate
0.19%
On assessed value
Assessed land
$11,300
Assessed improvement
$53,100
Land market value
$22,600
Improvement market value
$106,200
Total market value
$128,800
Applied tax rate
30.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Stories
1
Total area
1,280 SF
Lot
13.49 ac (587,624 SF)
Zoning code
COMMERICAL
APN
031-035-015-020-00
UPID
US43-3801914
Jurisdiction
CRAWFORD
Zoning & alternative use
COMMERICAL · Frederic, MIZoning COMMERICAL · permitted uses
COMMERICAL · Frederic, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Stories
1
Lot
13.49 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
COMMERICAL
Jurisdiction
Frederic, MI
Recorded code
COMMERICAL
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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