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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
8975 M 37th Hwy, Dowling, MI 49050-9701
Entity Owned
Free & Clear
Property ID
US43-4462485
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1900
Total area
3,388 SF
Lot
0.47 ac (20,430 SF)
Zoning code
CALL BARRY CO
APN
08-02-028-490-00
UPID
US43-4462485
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
Fb Thompson LLC
Fb Thompson LLC
since 2026
Last sale
$150,000
7 recorded transactions
Zoning & alternative use
CALL BARRY CO · Dowling, 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 Dowling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dowling 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
$2,860
Tax year 2023
Assessed value
$75,200
Assessed 2024
Previous assessed
$75,200
+0.0% YoY
Effective rate
3.80%
On assessed value
Total market value
$150,400
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
2
Bathrooms
1
Total area
3,388 SF
Lot
0.47 ac (20,430 SF)
Zoning code
CALL BARRY CO
APN
08-02-028-490-00
UPID
US43-4462485
Jurisdiction
BARRY
Zoning & alternative use
CALL BARRY CO · Dowling, MI
Zoning CALL BARRY CO · permitted uses
CALL BARRY CO · Dowling, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dowling. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
4
Bathrooms
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Fb Thompson LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8975 BEDFORD RD, HASTINGS, MI 49058
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2026
$74,000
Fb Thompson LLC
Green Generation Properties LLC
Warranty Deed
—
Nov 26, 2024
$100,000
Green Generation Properties LLC
Green Planet Investment LLC
Quitclaim Deed
related
—
Apr 8, 2022
$150,000
Green Planet Investments LLC
Kenai Red Properties LLC
Warranty Deed
$764,510 · Highbank River Properties LLC
Jun 22, 2020
—
Kenai Red Group LLC
Kenai Red Group LLC
Quit Claim Deed
related
—
Mar 26, 2019
$150,000
Kenai Red Group LLC
Rock Nt LLC
Warranty Deed
—
Jun 16, 2016
—
Rock Nt LLC
Tobias,glenn & Lisa
Quit Claim Deed
related
$102,800 · Opportunity Rsrc Fund
Jun 16, 2016
$120,000
Glenn Tobias
Dowling General Store LLC
Warranty Deed
—
Jul 2, 2014
—
Glenn Tobias
Dowling General Store LLC
Grant Deed
related
—
Dec 12, 2008
$45,000
Dowling General Store LLC
Avery,richard & Angie
Warranty Deed
—
Nov 13, 2007
—
Dowling General Store LLC
Avery,richard & Angie
Grant Deed
related
—
Sep 20, 2005
—
Richard A Avery
Kuzma,david & Diane
Grant Deed
related
—
Mar 11, 2005
—
David Kuzma
Avery,richard
Grant 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.
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