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Property profile & analytics
OFF-MARKET
Industrial properties
651 Columbus Ave West Branch, MI 48661-8704
Entity Owned
Free & Clear
Property ID
US43-3024387
Property summary
AI-generated overview
This exceptional Class A industrial property, located at 651 Columbus Ave in West Branch, Michigan, offers 27,125 square feet of versatile space ideal for manufacturing, warehousing, distribution, or R&D. Built in 1985 and extensively renovated in 2022, the single-tenant facility boasts 2,125 square feet of office space and a 25,000 square foot shop area. The property features robust infrastructure including 2,000 amps of 480 3-phase power, two 7.5-ton bridge cranes, and a secure, fenced yard. Loading is facilitated by one dock with an edge-of-dock leveler, a 12x14 overhead door, and a 12x12 overhead door. Its convenient location just off M-30 in Ogemaw County (zip code 48661) provides excellent access to transportation networks. This meticulously maintained building presents a rare opportunity for businesses seeking a high-quality, well-equipped industrial space in a desirable location. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Total area
27,125 SF
Lot
3.4 ac (148,104 SF)
APN
052-520-001-00
UPID
US43-3024387
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
JOHN GAULT DEVELOPMENT LLC
JOHN GAULT DEVELOPMENT LLC
Zoning & alternative use
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 West Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Branch 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 2023Property tax & assessments
Tax year 2023
Tax billed
$19,774
Tax year 2023
Assessed value
$581,900
Assessed 2024
Previous assessed
$525,100
+10.8% YoY
Effective rate
3.40%
On assessed value
Total market value
$581,900
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
27,125 SF
Lot
3.4 ac (148,104 SF)
APN
052-520-001-00
UPID
US43-3024387
Jurisdiction
OGEMAW
Zoning & alternative use
Zoning · permitted uses
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
1981
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
3.4 ac
Current owner
From public records · entity-resolved
JOHN GAULT DEVELOPMENT LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 385, CLARE, MI 48617-0385
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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