New search
Property profile & analytics
FOR SALE
Commercial real estate
7879 Red Arrow Hwy, Watervliet, MI 49098
Individually Owned
1-yr Hold
Free & Clear
Property ID
US43-3763790
For Sale
1 / 8
$94,950
7879 Red Arrow Hwy, Watervliet, MI 49098
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1966
Lot
0.25 ac (10,890 SF)
Zoning code
M-2
APN
21-0022-0052-02-5
UPID
US43-3763790
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
Timothy Woodall JR · 1 yrs held
Timothy Woodall JR
since 2025
Last sale
$62,500
5 recorded transactions
Zoning & alternative use
M-2 · Watervliet, 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 Watervliet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watervliet 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
$904
Tax year 2023
Assessed value
$29,000
Assessed 2024
Previous assessed
$19,000
+52.6% YoY
Effective rate
3.12%
On assessed value
Total market value
$58,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1966
Lot
0.25 ac (10,890 SF)
Zoning code
M-2
APN
21-0022-0052-02-5
UPID
US43-3763790
Jurisdiction
BERRIEN
Zoning & alternative use
M-2 · Watervliet, MI
Zoning M-2 · permitted uses
M-2 · Watervliet, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watervliet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Lot
0.25 ac
Current owner
From public records · entity-resolved
Timothy Woodall JR
Individual
Free & Clear · 1 yrs held
Mailing address
7320 JOSEPH DR, SOLON, OH 44139-5665
Ownership since
2025
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
Jan 23, 2025
$62,500
Timothy Woodall JR
Imtiaz Shaha
Warranty Deed
—
Nov 27, 2007
$75,000
Imtiaz Shaha
Roderick C Kinzler
Warranty Deed
$52,500 · Chemical Bank
Nov 27, 2007
—
Roderick C Kinzler
Joyce A Divis
Quit Claim Deed
related
—
Oct 14, 2005
—
Roderick C Kinzler
Donald G Divis
Quit Claim Deed
related
—
Oct 14, 2005
$34,000
Donald G Divis
Jerry Willmeng
Warranty Deed
—
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
