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Property profile & analytics
FOR SALE
Commercial real estate
7281 S State Rd, Goodrich, MI 48438
Entity Owned
~
Est. High Equity
Property ID
US43-1983244
$2,900,000
7281 S State Rd, Goodrich, MI 48438
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
16,990 SF
Lot
1.67 ac (72,702 SF)
Zoning code
VILLAG
APN
02-15-400-039
UPID
US43-1983244
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
-
Brown's Do-It Center & Sporting Goods Building Supply Industrial Manufacturer
-
Brown's Do it center (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Goodrich Mini Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$720k
Owner & transaction history
Triggs Properties LLC
Triggs Properties LLC
since 2026
7 recorded transactions
Zoning & alternative use
VILLAG · Goodrich, 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 Goodrich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodrich 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
$720k
Range $648k – $792k · ±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
$42 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$17,535
Tax year 2022
Assessed value
$393,400
Assessed 2023
Previous assessed
$387,700
+1.5% YoY
Effective rate
4.46%
On assessed value
Total market value
$786,800
Applied tax rate
92.0000
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 Sale
Heating
FORCED AIR
Total area
16,990 SF
Lot
1.67 ac (72,702 SF)
Zoning code
VILLAG
APN
02-15-400-039
UPID
US43-1983244
Jurisdiction
GENESEE
Zoning & alternative use
VILLAG · Goodrich, MI
Zoning VILLAG · permitted uses
VILLAG · Goodrich, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodrich. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
FORCED AIR
Lot
1.67 ac
Current owner
From public records · entity-resolved
Triggs Properties LLC
Entity
Mailing address
7281 S STATE RD, GOODRICH, MI 48438-8860
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2026
—
Triggs Properties LLC
Goodrich Mini Storage INC
Special Warranty Deed
—
Feb 12, 2025
—
Goodrich Stroage Units LLC
Goodrich Mini Storage INC
Deed
—
Jun 21, 2022
—
Goodrich Mini Storage INC
Gerald M Brownrigg Rlt
Warranty Deed
$750,000 · Elga Credit Union
Apr 25, 2016
—
Triggs Properties LLC
Brownrigg,mark D
Quit Claim Deed
related
—
Apr 13, 2016
—
Mark D Brownrigg
The Gerald M Brownrigg Revocable Li
Warranty Deed
$118,863 · Jpmorgan Chase Bank NA
Jun 8, 2007
$15,000
Goodrich Mini-storage INC
Brownrigg,gerald M & Norma J
Warranty Deed
related
—
—
—
Brownrigg Gerald M Living Trust
—
Deed Of Trust
related
$253,710 · J P Morgan Chase Bank
—
—
Gerald Brownrigg
—
Deed Of Trust
related
$81,171 · J P Morgan Chase Bank
—
—
Goodrich Mini Storage INC
—
Deed Of Trust
related
$319,992 · J P Morgan Chase 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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