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Property profile & analytics
FOR LEASE
Commercial real estate
7 E Muskegon St Kent City, MI 49330
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-5268751
For Lease
1 / 18
$12 SF/Yr
7 E Muskegon St, Kent City, MI 49330
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1850
Total area
10,353 SF
Lot
0.22 ac (9,583 SF)
Zoning code
KCV C-1
APN
41-01-28-353-004
UPID
US43-5268751
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
-
Lonely Broken Woman Publishing House
-
Mystic Mug Café Cafe & Coffee Shop
-
Rising Phoenix Specialty and Resale Furniture & Home Goods Home Decor Store
-
Blondie Blossom Boutique Clothing & Fashion Store
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
Tranquil Dragon Ventures LLC · 3 yrs held
Tranquil Dragon Ventures LLC
since 2022
Last sale
$240,000
5 recorded transactions
Zoning & alternative use
KCV C-1 · Kent City, 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 Kent City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent City 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 2019Property tax & assessments
Tax year 2019
Tax billed
$3,268
Tax year 2019
Assessed value
$119,000
Assessed 2023
Previous assessed
$122,000
-2.5% YoY
Effective rate
2.75%
On assessed value
Total market value
$238,000
Applied tax rate
6.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1850
Heating
FORCED AIR
Buildings
1
Stories
2
Total area
10,353 SF
Lot
0.22 ac (9,583 SF)
Zoning code
KCV C-1
APN
41-01-28-353-004
UPID
US43-5268751
Jurisdiction
KENT
Zoning & alternative use
KCV C-1 · Kent City, MI
Zoning KCV C-1 · permitted uses
KCV C-1 · Kent City, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kent City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1850
Heating
FORCED AIR
Stories
2
Buildings
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Tranquil Dragon Ventures LLC
Entity
Mailing address
14988 WHITE CRK AVE NE, CEDAR SPRINGS, MI 49319-8616
Ownership since
2022
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
Nov 9, 2022
$240,000
Tranquil Dragon Ventures LLC
Bb Partners LLC
Warranty Deed
$264,000 · The Huntington National Bank
Mar 21, 2018
—
Bb Partners LLC
—
Deed
related
$187,500 · Grand River Bank
Feb 5, 2007
$138,000
Bb Partners LLC
Reister,david H & Cindy M
Warranty Deed
$160,000 · Byron Bank
May 1, 2000
$75,000
David H Reister
Gray,samuel B & Margaret E
Grant Deed
$72,000 · Valley Ridge Bank
—
—
David H Reister
—
Deed Of Trust
related
$66,000 · Valley Ridge 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?”
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