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Property profile & analytics
OFF-MARKET
Skating rinks
93103 County Rd 690 Dowagiac, MI 49047-9008
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US43-2446982
Property profile
Verified
Property type
Skating rinks
Use group
SKATING RINK, ICE SKATING, ROLLER SKATING
Year built
1930
Total area
14,678 SF
Lot
1.78 ac (77,537 SF)
Zoning code
LSR
APN
80-12-032-130-00
UPID
US43-2446982
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
Harold Schaus III · 5 yrs held
Harold Schaus III
since 2021
6 recorded transactions
Zoning & alternative use
LSR · Dowagiac, 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 Dowagiac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dowagiac 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 2020Property tax & assessments
Tax year 2020
Tax billed
$3,855
Tax year 2020
Assessed value
$79,300
Assessed 2023
Previous assessed
$85,500
-7.3% YoY
Effective rate
4.86%
On assessed value
Total market value
$158,600
Applied tax rate
80,120.0000
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
Skating rinks
Use group
SKATING RINK, ICE SKATING, ROLLER SKATING
Status
Off-Market
Year built
1930
Heating
NONE
Stories
1
Total area
14,678 SF
Lot
1.78 ac (77,537 SF)
Zoning code
LSR
APN
80-12-032-130-00
UPID
US43-2446982
Jurisdiction
VAN BUREN
Zoning & alternative use
LSR · Dowagiac, MI
Zoning LSR · permitted uses
LSR · Dowagiac, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dowagiac. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Harold Schaus III
Individual
Mailing address
55094 M 51ST N, DOWAGIAC, MI 49047-9669
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2021
—
Harold Schaus III
Michele Rene Schaus
Intrafamily Transfer
related
—
May 5, 2014
—
Harold Schaus III
Janet Rousse
Intrafamily Transfer
related
—
Feb 26, 2013
—
Harold Schaus III
Polly Ann Payne
Warranty Deed
—
Apr 8, 2010
—
Polly Ann Payne
Eddie W Howard
Warranty Deed
—
Jan 12, 2010
—
Eddie W Howard
First National Acceptance Company
Quit Claim Deed
related
—
Dec 8, 2006
—
First National Acceptance Co
Eddie W Howard
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.
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