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Property profile & analytics
OFF-MARKET
Commercial real estate
10340 Midland Rd, Freeland, MI 48623-9728
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-1029280
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
2,336 SF
Lot
27.05 ac (1,178,298 SF)
Zoning code
R-3
APN
29-13-3-06-3010-000
UPID
US43-1029280
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
-
Freeland Mobile Home Park Campground & RV Park
-
Southern Bred Lawn Care & Snow Removal Landscaping
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
Cc Freeland Property LLC · 3 yrs held
Cc Freeland Property LLC
since 2023
6 recorded transactions
Zoning & alternative use
R-3 · Freeland, 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 Freeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeland 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 2022Property tax & assessments
Tax year 2022
Tax billed
$14,817
Tax year 2022
Assessed value
$703,300
Assessed 2023
Previous assessed
$703,300
+0.0% YoY
Effective rate
2.11%
On assessed value
Total market value
$1,406,600
Applied tax rate
29.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
WOOD FURNACE
Stories
1
Total area
2,336 SF
Lot
27.05 ac (1,178,298 SF)
Zoning code
R-3
APN
29-13-3-06-3010-000
UPID
US43-1029280
Jurisdiction
SAGINAW
Zoning & alternative use
R-3 · Freeland, MI
Zoning R-3 · permitted uses
R-3 · Freeland, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Freeland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
WOOD FURNACE
Stories
1
Lot
27.05 ac
Current owner
From public records · entity-resolved
Cc Freeland Property LLC
Entity
Mailing address
29200 NORTHWESTERN HWY STE #300, SOUTHFIELD, MI 48034-1067
Ownership since
2023
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 20, 2025
—
Cc Freeland Property LLC
—
Deed
related
$169,610,000 · Berkadia Commercial Mortgage LLC
Mar 7, 2023
—
Cc Freeland Property LLC
Freeland Mobile Home Park INC
Intrafamily Transfer
related
—
—
—
Freeland Mobile Home Park INC
—
Deed Of Trust
related
$638,047 · J P Morgan Chase Bank
—
—
Freeland Mobile Home Park INC
—
Deed Of Trust
related
$805,673 · J P Morgan Chase Bank
—
—
Freeland Mobile Home Park INC
—
Loan Modification
related
—
—
—
Freeland Mobile Home Park INC
—
Loan Modification
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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