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Property profile & analytics
FOR SALE
Commercial real estate
986 Pine St Muskegon, MI 49442
Entity Owned
4-yr Hold
Free & Clear
Property ID
US43-1483546
For Sale
1 / 13
$159,000
986 Pine St, Muskegon, MI 49442
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Total area
1,007 SF
Lot
0.05 ac (2,352 SF)
Zoning code
FBC-MS
APN
61-24-205-216-0006-00
UPID
US43-1483546
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
Livernois Paint & Supply LLC · 4 yrs held
Livernois Paint & Supply LLC
since 2022
Last sale
$43,500
3 recorded transactions
Zoning & alternative use
FBC-MS · Muskegon, 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 Muskegon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Muskegon 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
$950
Tax year 2023
Assessed value
$15,700
Assessed 2024
Previous assessed
$15,100
+4.0% YoY
Effective rate
6.05%
On assessed value
Total market value
$31,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1910
Heating
NONE
Stories
2
Rooms
1
Total area
1,007 SF
Lot
0.05 ac (2,352 SF)
Zoning code
FBC-MS
APN
61-24-205-216-0006-00
UPID
US43-1483546
Jurisdiction
MUSKEGON
Zoning & alternative use
FBC-MS · Muskegon, MI
Zoning FBC-MS · permitted uses
FBC-MS · Muskegon, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Muskegon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
2
Rooms
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Livernois Paint & Supply LLC
Entity
Free & Clear · 4 yrs held
Mailing address
11646 LIVERNOIS AVE, DETROIT, MI 48204-1354
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2022
$43,500
Livernois Paint & Supply LLC
Depung Properties LLC
Warranty Deed
—
Sep 22, 2011
—
Depung Properties LLC
Melgoza,raul JR & Sharon
Warranty Deed
—
—
—
Depung Of Calkins Properties LLC
—
Deed Of Trust
related
$20,000 · Benjamin Calkins
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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