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Property profile & analytics
OFF-MARKET
Estimated value
$100,000
Retail space
109 Jefferson St Dimondale, MI 48821-8508
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US43-2023960
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
3,028 SF
Lot
0.41 ac (17,860 SF)
Zoning code
B-1
APN
081 000 615 120 00
UPID
US43-2023960
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
$100k
Owner & transaction history
Modern Design Mechanical INC · 5 yrs held
Modern Design Mechanical INC
since 2020
Last sale
$92,000
3 recorded transactions
Zoning & alternative use
B-1 · Dimondale, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Business District is designed to provide convenient, day-to-day retail shopping and service facilities for persons residing in the community with a minimum impact upon surrounding residential development
Zone name
Business
General category
COMMERCIAL
Zone area
11.10 ac
Source
Realmo
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 Dimondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dimondale 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
$100,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$100k
Range $90k – $110k · ±10% · vs last sale $92k (Aug 19 2020)
Last sale anchor
$92k
Aug 19 2020
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
$33 / 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
$5,038
Tax year 2023
Assessed value
$40,000
Assessed 2024
Previous assessed
$92,100
-56.6% YoY
Effective rate
12.60%
On assessed value
Total market value
$80,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
FORCED AIR
Stories
1
Total area
3,028 SF
Lot
0.41 ac (17,860 SF)
Zoning code
B-1
APN
081 000 615 120 00
UPID
US43-2023960
Jurisdiction
EATON
Zoning & alternative use
B-1 · Dimondale, MIZoning B-1 · permitted uses
B-1 · Dimondale, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Business District is designed to provide convenient, day-to-day retail shopping and service facilities for persons residing in the community with a minimum impact upon surrounding residential development
Zone name
Business
General category
COMMERCIAL
Zone area
11.10 ac
Source
Realmo
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Modern Design Mechanical INC
Entity
Mailing address
10110 HART HWY, DIMONDALE, MI 48821-9559
Ownership since
2020
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
Oct 24, 2022
—
Rosalind Bogo Swart
—
Deed
related
—
Aug 19, 2020
$92,000
Modern Design Mechanical INC
Shelly Stratz
Warranty Deed
$82,000 · Swart Family Limited Partnership
Jun 13, 2005
$60,000
Abraham Bridge Street LLC
Freedom Financial Group INC
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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