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Property profile & analytics
OFF-MARKET
Turn key restaurants
7177 Kalamazoo SE Ave Caledonia, MI 49316-9126
Individually Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0515940
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2009
Total area
16,852 SF
Lot
44.86 ac (1,954,102 SF)
Zoning code
PUD-PL UNIT DEV
APN
41-22-08-276-010
UPID
US43-0515940
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
-
StoneWater Country Club Golf Course
-
FireRock Grille Restaurant
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
Crystal Springs Office Bldg Ll · 17 yrs held
Crystal Springs Office Bldg Ll
since 2009
5 recorded transactions
Zoning & alternative use
PUD-PL UNIT DEV · 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
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 2021Property tax & assessments
Tax year 2021
Assessed value
$1,388,600
Assessed 2023
Previous assessed
$1,271,800
+9.2% YoY
Total market value
$2,777,200
Applied tax rate
20.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
16,852 SF
Lot
44.86 ac (1,954,102 SF)
Zoning code
PUD-PL UNIT DEV
APN
41-22-08-276-010
UPID
US43-0515940
Jurisdiction
KENT
Zoning & alternative use
PUD-PL UNIT DEV · Caledonia, MI
Zoning PUD-PL UNIT DEV · permitted uses
PUD-PL UNIT DEV · 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
Year built
2009
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
44.86 ac
Current owner
From public records · entity-resolved
Crystal Springs Office Bldg Ll
Individual
Free & Clear · 17 yrs held
Mailing address
5500 CASCADE RD SE STE #200, GRAND RAPIDS, MI 49546-9059
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Feb 19, 2020
—
Crystal Springs Property LLC
—
Deed
related
$4,600,000 · Chemical Bk
Mar 25, 2009
—
Crystal Springs Office Bldg Ll
Crystal Springs Prop LLC
Quit Claim Deed
related
—
May 12, 2008
—
Esi Financial LLC
Watermark Holdings LLC
Warranty Deed
related
$320,000 · Byron Bk
Oct 18, 1999
—
Crystal Springs Country Club
Landquest Crystal INC
Quit Claim Deed
related
$2,500,000 · Byron Center State Bank
—
—
Crystal Springs Property LLC
—
Loan Modification
related
$4,600,000 · Chemical Bk
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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