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    Property profile & analytics

    1177 Solon Rd, Unit 1-3 Dewitt, MI 48820-8655

    • Assisted living facilities
    • 6,155 SF
    • 4.19 lot acres
    OFF-MARKET
    Value Estimation
    $1,690,000
    Last Sale
    Jan 12, 2024
    $1,685,000
    Location Intelligence
    Property ID
    US43-2191714
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Divine Life Assisted Living of Dewitt (formerly Serene Gardens of DeWitt) / Assisted Living Facility / Retirement Community

    Property Details for 1177 Solon Rd

    Year built
    1988
    Construction
    WOOD
    Lot size
    4.19 lot acres
    Property size
    6,155 SF
    Zone code
    PO
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    050-021-400-115-00
    APU
    5002140011500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,685,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,635,000
      6.5%
      $1,650,000
      7%
      $1,935,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,645,000
      Geo Method
      $1,680,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,665,000
      Retail
      $1,925,000
      Mixed-Use
      $1,900,000
      Hospitality
      $1,925,000
      Educational
      $1,650,000
      Residential Income
      $1,720,000
      Energy
      $1,920,000
      Income-Based Land
      $1,715,000
      Food Service
      $1,560,000

    Location Insight

    • Map
    • Local Demand
    City
    Dewitt
    County
    Clinton
    State
    Michigan
    Longitude
    -84.5471
    Latitude
    42.8048
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $45,198
    $122,300
    $669,000
    $791,300
    -
    $244,600
    $1,338,000
    $1,582,600

    Comparable in this City

    • Value Estimation by Request
      3,329 SF

      11262 Dewitt Rd

      HOMES (RETIRED, NURSING) • 3,329 SF
      11262 Dewitt Rd, Dewitt, MI 48820-7601
      View Details
    • Value Estimation
      $390,000
      5,050 SF

      14333 Turner Rd, Unit 14337

      HOMES (RETIRED, NURSING) • 5,050 SF
      14333 Turner Rd, Dewitt, MI 48820-8119
      View Details
    • Value Estimation
      $280,000
      2,828 SF

      12511 Us Hwy 27

      HOMES (RETIRED, NURSING) • 2,828 SF
      12511 Us Hwy 27, Dewitt, MI 48820-8375
      View Details
    • Value Estimation
      $370,000
      4,119 SF

      1070 Webb Rd

      HOMES (RETIRED, NURSING) • 4,119 SF
      1070 Webb Rd, Dewitt, MI 48820-8396
      View Details
    • Value Estimation
      $545,000
      7,655 SF

      11633 Wood Rd

      HOMES (RETIRED, NURSING) • 7,655 SF
      11633 Wood Rd, Dewitt, MI 48820-7301
      View Details
    • Value Estimation by Request
      2,341 SF

      14354 Turner Rd

      HOMES (RETIRED, NURSING) • 2,341 SF
      14354 Turner Rd, Dewitt, MI 48820-9024
      View Details

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    Dewitt, MI 48820-8655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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