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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Retail space
65 Columbia E Ave Battle Creek, MI 49015-3705
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-2124638
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Total area
7,608 SF
Lot
0.75 ac (32,539 SF)
Zoning code
B1
APN
7610-15-226-1
UPID
US43-2124638
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
-
Gerald E. Hanna, OD Physician
-
James Kaltz Physician
-
Rx Optical, a MyEyeDr. Company Contact Lenses Supplier Eye Care Center
-
T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$660k
Owner & transaction history
West Mi Real Estate LLC · 1 yrs held
West Mi Real Estate LLC
since 2025
5 recorded transactions
Zoning & alternative use
B1 · Battle Creek, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$960,000
+113.1%
Restaurant
$630,000
+40.4%
Office building
$560,000
+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
$450,000
Current use
COMMERCIAL (GENERAL)
$960,000
Change: +113% · Conversion: Easy
RESTAURANT
$630,000
Change: +40% · Conversion: Easy
OFFICE BUILDING
$560,000
Change: +25% · Conversion: Easy
AUTO REPAIR, GARAGE
$515,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$87 / 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
$320,833
Assessed 2024
Previous assessed
$298,915
+7.3% YoY
Total market value
$641,666
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Stories
1
Total area
7,608 SF
Lot
0.75 ac (32,539 SF)
Zoning code
B1
APN
7610-15-226-1
UPID
US43-2124638
Jurisdiction
CALHOUN
Zoning & alternative use
B1 · Battle Creek, MI
Zoning B1 · permitted uses
B1 · Battle Creek, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Battle Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$450,000
COMMERCIAL (GENERAL)
Est. value
$960,000
RESTAURANT
Est. value
$630,000
OFFICE BUILDING
Est. value
$560,000
AUTO REPAIR, GARAGE
Est. value
$515,000
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
1982
Heating
FORCED AIR
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
West Mi Real Estate LLC
Entity
Mailing address
2084 KINMORE ST, DEARBORN HEIGHTS, MI 48127-3417
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2025
—
West Mi Real Estate LLC
Michigan Real Estate Unlimited LLC
Quitclaim Deed
related
—
Dec 2, 2022
—
Michigan Real Estate Unlimited LLC
Beetlebomb Properties LLC
Warranty Deed
—
Mar 19, 2020
—
Beetlebomb Properties LLC
—
Deed
related
$230,000 · Horizon Bank
Feb 10, 2012
$30,986
Pd By Fifth Third Bank
Calhoun County Treasurer
Redemption Deed
related
—
Jul 25, 2005
—
Don Kessler
Ehm Ltd LLC
Warranty Deed
$595,000 · Fifth Third Bank
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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