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Property profile & analytics
OFF-MARKET
Estimated value
$2,935,000
Medical Office Space
100 Powell Dr, Dundee, MI 48131-8644
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1214898
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2005
Total area
30,520 SF
Lot
5 ac (217,800 SF)
APN
42-040-711-20
UPID
US43-1214898
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
-
Oconnor Mark MD Physician
-
ProMedica Radiology - Monroe Physician Medical Clinic
-
ProMedica Total Rehab - Dundee Medical Clinic
-
ProMedica Physicians Internal Medicine - Dundee Pediatrician Physician
-
Alexandra Rene Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.94M
Owner & transaction history
Saxon INC · 1 yrs held
Saxon INC
since 2024
Last sale
$2.9M
5 recorded transactions
Zoning & alternative use
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 Dundee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dundee 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,790,000
Change: 0% · Conversion: Easy
RESTAURANT
$2,435,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,310,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,300,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,985,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,885,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.94M
Range $2.64M – $3.23M · ±10% · vs last sale $2.94M (Apr 29 2024)
Last sale anchor
$2.94M
Apr 29 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
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
$92,500
Tax year 2023
Assessed value
$1,948,500
Assessed 2023
Previous assessed
$1,948,500
+0.0% YoY
Effective rate
4.75%
On assessed value
Total market value
$3,897,000
Applied tax rate
42.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Total area
30,520 SF
Lot
5 ac (217,800 SF)
APN
42-040-711-20
UPID
US43-1214898
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.8M
RESTAURANT
Est. value
$2.4M
RETAIL STORES
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.9M
OFFICE BUILDING
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Lot
5 ac
Current owner
From public records · entity-resolved
Saxon INC
Entity
Mailing address
1 W SEAGATE RD FL 26TH, TOLEDO, OH 43604-1558
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
$2,935,500
Saxon INC
100 Powell LLC
Warranty Deed
—
Oct 25, 2021
—
100 Powell LLC
89 Realty LLC
Special Warranty Deed
$3,040,000 · Directions Cu
Nov 22, 2004
$600,000
89 Realty INC LLC
Vishnu Hotel LLC
Grant Deed
—
—
—
89 Realty LLC
—
Deed Of Trust
related
$173,775 · Fifth Third Bank
—
—
89 Realty LLC
—
Deed Of Trust
related
$800,000 · Fifth Third Bank
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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