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Property profile & analytics
OFF-MARKET
Individual retail properties
8098 Kephart Ln, Berrien Springs, MI 49103
Entity Owned
7-yr Hold
Free & Clear
Property ID
US43-3813941
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1998
Total area
9,836 SF
Lot
36.65 ac (1,596,474 SF)
Zoning code
AR
APN
15-0106-0001-00-4
UPID
US43-3813941
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
Turken Foundation INC · 7 yrs held
Turken Foundation INC
since 2018
2 recorded transactions
Zoning & alternative use
AR · Berrien Springs, 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 Berrien Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berrien Springs 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
$33,702
Tax year 2023
Assessed value
$1,208,800
Assessed 2024
Previous assessed
$1,033,800
+16.9% YoY
Effective rate
2.79%
On assessed value
Total market value
$2,417,600
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1998
Stories
1
Total area
9,836 SF
Lot
36.65 ac (1,596,474 SF)
Zoning code
AR
APN
15-0106-0001-00-4
UPID
US43-3813941
Jurisdiction
BERRIEN
Zoning & alternative use
AR · Berrien Springs, MI
Zoning AR · permitted uses
AR · Berrien Springs, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berrien Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Stories
1
Lot
36.65 ac
Current owner
From public records · entity-resolved
Turken Foundation INC
Entity
Free & Clear · 7 yrs held
Mailing address
4 W 43RD ST #316, NEW YORK, NY 10036-7416
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2018
—
Turken Foundation INC
Yolanda E Ali
Deed
—
Aug 8, 2006
—
The Muhammad Ali Family Trust
Goat INC
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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