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Property profile & analytics
OFF-MARKET
Estimated value
$470,000
Specialty properties
6900 Riv Rd Cottrellville, MI 48039-2253
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-4560246
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1960
Total area
3,393 SF
Lot
108.15 ac (4,711,014 SF)
Zoning code
MHP MOB
APN
74-17-047-0007-000
UPID
US43-4560246
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
-
Shangri-La Village Homes Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$470k
Owner & transaction history
Shangri La Partners LLC · 11 yrs held
Shangri La Partners LLC
since 2014
7 recorded transactions
Zoning & alternative use
MHP MOB · Cottrellville, 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 Cottrellville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cottrellville 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
$470k
Range $423k – $517k · ±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
$139 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,282
Tax year 2023
Assessed value
$524,500
Assessed 2024
Previous assessed
$570,600
-8.1% YoY
Effective rate
5.39%
On assessed value
Total market value
$1,049,000
Applied tax rate
17.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Stories
1
Total area
3,393 SF
Lot
108.15 ac (4,711,014 SF)
Zoning code
MHP MOB
APN
74-17-047-0007-000
UPID
US43-4560246
Jurisdiction
SAINT CLAIR
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
MHP MOB · Cottrellville, MIZoning MHP MOB · permitted uses
MHP MOB · Cottrellville, 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
1960
Heating
FORCED AIR
Stories
1
Lot
108.15 ac
Current owner
From public records · entity-resolved
Shangri La Partners LLC
Entity
Mailing address
139 WALNUT BLVD, ROCHESTER, MI 48307-2055
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Oct 24, 2025
—
Shangri La Partners LLC
—
Deed
related
$500,000 · The Citizens National Bank Of Bluffton
Jul 9, 2024
—
Shangri La Partners LLC
—
Deed
related
$250,000 · The Citizens National Bank Of Bluffton
Jun 1, 2022
—
Shangri La Partners LLC
—
Deed
related
$6,300,000 · The Citizens National Bank Of Bluffton
Jan 24, 2019
—
Manager Of Shangri La Partners Ll
—
Deed
related
$3,700,000 · Citizens Nat'l Bk/bluffton
Oct 13, 2014
—
Shangri La Partners LLC
Shangri La Mhc Begin LLC
Deed
$2,325,000 · The Citizens National Bank Of Bluff
Jul 11, 2005
—
Shangri-la Mhc-gp LLC
Gordon Properties
Warranty Deed
—
—
—
Manager Of Shangri La Partners Ll
—
Deed Of Trust
related
$3,700,000 · Citizens Nat'l Bk/bluffton
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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