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Property profile & analytics
OFF-MARKET
Office buildings
622 Savidge St Spring Lake, MI 49456-1957
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-5289110
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Total area
3,547 SF
Lot
0.59 ac (25,788 SF)
Zoning code
EED
APN
70-03-14-375-003
UPID
US43-5289110
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
-
Rant Insurance Group Insurance Agency
-
The Absenger Cancer Education Foundation Charitable Organization Social Service Agency
-
Clarity Realty - Lakeshore Real Estate Agency
-
Project 12:02 Corporate Office
-
Renewed Hope Counseling Services Counselor
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
M&d Deboer Properties LLC · 1 yrs held
M&d Deboer Properties LLC
since 2025
7 recorded transactions
Zoning & alternative use
EED · Spring Lake, 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 Spring Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Lake 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,566
Tax year 2022
Assessed value
$168,100
Assessed 2023
Previous assessed
$145,300
+15.7% YoY
Effective rate
4.50%
On assessed value
Total market value
$336,200
Applied tax rate
7.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
3,547 SF
Lot
0.59 ac (25,788 SF)
Zoning code
EED
APN
70-03-14-375-003
UPID
US43-5289110
Jurisdiction
OTTAWA
Zoning & alternative use
EED · Spring Lake, MIZoning EED · permitted uses
EED · Spring Lake, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
M&d Deboer Properties LLC
Entity
Mailing address
622 E SAVIDGE ST, SPRING LAKE, MI 49456-1957
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
M&d Deboer Properties LLC
Bvi Properties LLC
Warranty Deed
$505,335 · Choiceone Bank
Dec 21, 2023
—
Bvi Properties LLC
—
Deed
related
$200,000 · 5075 Cascade Holdings LLC
Oct 24, 2017
—
Bvi Properties LLC
—
Deed
related
$1,375,500 · The Huntington National Bank
Sep 15, 2015
—
Bvi Properties LLC
Spring Lake Business Center LLC
Warranty Deed
$279,000 · Firstmerit Bank NA
Jul 23, 2010
$150,000
Spring Lake Business Center LLC
Jarco Investments LLC
Quit Claim Deed
related
$195,500 · Imj Land Company LLC
Jul 6, 2009
$250,000
Independent Bank
Custom Investments LLC
Sheriffs Deed
related
—
Mar 28, 2007
$250,000
Custom Investments LLC
East Savidge LLC
Warranty Deed
$200,000 · Independent Bank West 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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