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Property profile & analytics
OFF-MARKET
Commercial real estate
111 Ml St Clio, MI 48420-1201
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US43-1486075
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1928
Total area
16,573 SF
Lot
0.49 ac (21,388 SF)
Zoning code
CR-MU
APN
51-15-578-024
UPID
US43-1486075
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
-
Davidson's Body Shop Of Clio Auto Repair Shop
-
Neu Auto and Truck Repair Plus Auto Repair Shop
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
Jrd 3 LLC · 18 yrs held
Jrd 3 LLC
since 2008
2 recorded transactions
Zoning & alternative use
CR-MU · Clio, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to permit a mix of uses with single-unit, multiple-unit residential and neighborhood serving commercial facilities.
Zone name
Community Residential And Mixed Use District
General category
MIXED_USE
Zone area
28.70 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 Clio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clio 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 2021Property tax & assessments
Tax year 2021
Tax billed
$8,053
Tax year 2021
Assessed value
$133,400
Assessed 2023
Previous assessed
$131,200
+1.7% YoY
Effective rate
6.04%
On assessed value
Total market value
$266,800
Applied tax rate
51.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1928
Heating
FORCED AIR
Total area
16,573 SF
Lot
0.49 ac (21,388 SF)
Zoning code
CR-MU
APN
51-15-578-024
UPID
US43-1486075
Jurisdiction
GENESEE
Zoning & alternative use
CR-MU · Clio, MIZoning CR-MU · permitted uses
CR-MU · Clio, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to permit a mix of uses with single-unit, multiple-unit residential and neighborhood serving commercial facilities.
Zone name
Community Residential And Mixed Use District
General category
MIXED_USE
Zone area
28.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1928
Heating
FORCED AIR
Lot
0.49 ac
Current owner
From public records · entity-resolved
Jrd 3 LLC
Entity
Mailing address
111 N ML ST, CLIO, MI 48420-1201
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2008
$50,000
Jrd 3 LLC
Timothy A Davidson
Quit Claim Deed
related
$252,000 · Jpmorgan Chase Bank NA
Jan 18, 2008
—
Jrd 3 LLC
Davidson,george E & Dawna L
Quit Claim Deed
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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