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Property profile & analytics
OFF-MARKET
Estimated value
$5,295,000
Commercial real estate
10222 Lapeer Rd, Davison, MI 48423-8208
Entity Owned
1-yr Hold
Free & Clear
Property ID
US43-4300481
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
42,397 SF
Lot
15.14 ac (659,498 SF)
Zoning code
NOT AVAILABLE
APN
05-15-100-033
UPID
US43-4300481
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
-
Charter Senior Living of Davison Nursing Home Retirement Community
-
Senior Living Development and Consulting Management Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.29M
Blend (final)
Blend
$5.30M
Owner & transaction history
Kjb Senior Properties LLC · 1 yrs held
Kjb Senior Properties LLC
since 2024
5 recorded transactions
Zoning & alternative use
NOT AVAILABLE · Davison, 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 Davison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davison 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
Blend value · Realmo final
$5.30M
Range $4.77M – $5.82M · ±10%
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
$125 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$120,368
Tax year 2019
Assessed value
$3,084,500
Assessed 2023
Previous assessed
$2,703,500
+14.1% YoY
Effective rate
3.90%
On assessed value
Total market value
$6,169,000
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
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
42,397 SF
Lot
15.14 ac (659,498 SF)
Zoning code
NOT AVAILABLE
APN
05-15-100-033
UPID
US43-4300481
Jurisdiction
GENESEE
Zoning & alternative use
NOT AVAILABLE · Davison, MI
Zoning NOT AVAILABLE · permitted uses
NOT AVAILABLE · Davison, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
15.14 ac
Current owner
From public records · entity-resolved
Kjb Senior Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10222 LAPEER RD, DAVISON, MI 48423-8208
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
Dec 12, 2024
—
Kjb Senior Properties LLC
Hm Bay City Property LLC
Deed
—
Feb 3, 2021
—
Hm Davison Property LLC
—
Deed
related
$9,720,000 · Merchants Bank Of Indiana
Apr 30, 2018
—
Hm Davison Property LLC
Investors Lands Holding LLC
Warranty Deed
$12,170,000 · Pacific Western National Bank
Sep 30, 2016
—
Investors Lands Holding LLC
—
Trustees Deed
related
$2,700,000 · Fifth Third Bk
Aug 24, 2016
—
Investors Lands Holding LLC
A & A Properties LLC
Warranty Deed
—
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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