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Property profile & analytics
OFF-MARKET
Estimated value
$6,680,000
Office buildings
1130 Dewitt Rd Saint Johns, MI 48879-9503
Entity Owned
14-yr Hold
Free & Clear
Property ID
US43-4144130
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
46,540 SF
Lot
13.78 ac (600,257 SF)
Zoning code
RO
APN
030-018-100-010-01
UPID
US43-4144130
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
$7.09M
Comparable Approach
Comparable
$5.38M
Blend (final)
Blend
$6.68M
Owner & transaction history
Bancroft Performance Investments Ll · 14 yrs held
Bancroft Performance Investments Ll
since 2012
1 recorded transaction
Zoning & alternative use
RO · Saint Johns, 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 Saint Johns submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Johns 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%
$7,675,000
6.5%
$7,085,000
7%
$6,580,000
Blend value · Realmo final
$6.68M
Range $6.01M – $7.35M · ±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
$144 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$235,289
Tax year 2022
Assessed value
$5,816,400
Assessed 2024
Previous assessed
$6,402,200
-9.1% YoY
Effective rate
4.05%
On assessed value
Assessed land
$84,500
Assessed improvement
$5,731,900
Land market value
$169,000
Improvement market value
$11,463,800
Total market value
$11,632,800
Applied tax rate
30.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Heating
HOT WATER
Buildings
3
Stories
2
Total area
46,540 SF
Lot
13.78 ac (600,257 SF)
Zoning code
RO
APN
030-018-100-010-01
UPID
US43-4144130
Jurisdiction
CLINTON
Zoning & alternative use
RO · Saint Johns, MI
Zoning RO · permitted uses
RO · Saint Johns, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Johns. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Heating
HOT WATER
Stories
2
Buildings
3
Lot
13.78 ac
Current owner
From public records · entity-resolved
Bancroft Performance Investments Ll
Entity
Free & Clear · 14 yrs held
Mailing address
1130 S DEWITT RD, SAINT JOHNS, MI 48879-9503
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2012
$375,000
Bancroft Performance Investments Ll
Alf Partners 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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