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Property profile & analytics
OFF-MARKET Estimated value $705,000
Strip malls

9175 Cherry Vly SE Ave Caledonia, MI 49316-9746

36,360 SF 4.35 ac lot Built 1996
Entity Owned 9-yr Hold Free & Clear
Property ID
US43-0623644
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Total area 36,360 SF
Lot 4.35 ac (189,486 SF)
Zoning code PUD
APN 41-23-20-479-008
UPID US43-0623644
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
  • Hazel + Rose Salon Hair Salon
  • Jude's Barbershop Caledonia Barber Shop
  • Little Caesars Pizza Restaurant
  • Subway Take-out & Catering
  • Greenridge Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$705k
Owner & transaction history
Rounding Second LLC · 9 yrs held
Rounding Second LLC
since 2016
7 recorded transactions
2020
Price N/A
2019
Price N/A
2019
Price N/A
2016
Price N/A
2016
Price N/A
2016
$2.3M
2007
Price N/A
Zoning & alternative use
PUD · Caledonia, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Section 12.2 PUD Eligibility. A Planned Unit Development may be considered in any location within the Village of Caledonia. Any land use authorized in this Ordinance may be requested to be included in a Planned Unit Development, as a principal or accessory use, as well as any other legal land use not otherwise authorized in this Ordinance. Authorization of s…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 316.78 ac
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