Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Office buildings
6505 Cherry Mdw SE Dr Caledonia, MI 49316-9484
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1085479
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
9,138 SF
Lot
2.45 ac (106,722 SF)
Zoning code
PUD
APN
41-23-21-152-006
UPID
US43-1085479
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
-
Pine Rest Caledonia Clinic Medical Clinic
-
MARIAH KAY HOFF Physician
-
Anthony Fryling Physician Medical Clinic
-
Katie Acker Practitioner Service Location Counselor
-
Leslie Visser Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.42M
Owner & transaction history
Caledonia Professional Associates L · 1 yrs held
Caledonia Professional Associates L
since 2024
4 recorded transactions
Zoning & alternative use
PUD · Caledonia, 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 Caledonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Caledonia 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
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±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
$155 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$40,589
Tax year 2021
Assessed value
$989,700
Assessed 2023
Previous assessed
$934,200
+5.9% YoY
Effective rate
4.10%
On assessed value
Total market value
$1,979,400
Applied tax rate
16.0000
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
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
Heating
NONE
Buildings
1
Stories
1
Total area
9,138 SF
Lot
2.45 ac (106,722 SF)
Zoning code
PUD
APN
41-23-21-152-006
UPID
US43-1085479
Jurisdiction
KENT
Zoning & alternative use
PUD · Caledonia, MI
Zoning PUD · permitted uses
PUD · Caledonia, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Caledonia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Buildings
1
Lot
2.45 ac
Current owner
From public records · entity-resolved
Caledonia Professional Associates L
Entity
Mailing address
6477 CHERRY MDW DR SE, CALEDONIA, MI 49316-7350
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
—
Caledonia Professional Associates L
—
Deed
related
$997,358 · Pfcu
Feb 19, 2020
—
Caledonia Professional Associates L
—
Deed
related
$1,641,200 · Grand River Bank
Feb 17, 2017
—
Caledonia Professional Associa
—
Grant Deed
related
$1,828,829 · Grand River Bk
Apr 2, 2009
—
Caledonia Prof Assocs LLC
—
Deed Of Trust
related
$2,850,000 · Founders 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6505 Cherry Mdw SE Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
