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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Warehouses
12280 Goffe Rd Jonesville, MI 49250-9506
Individually Owned
10-yr Hold
Free & Clear
Property ID
US43-1371385
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
60,942 SF
Lot
20 ac (871,200 SF)
Zoning code
AG-1
APN
000-16-33-200-001-04
UPID
US43-1371385
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
-
Murray's Midwest Warehousing LLC Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.49M
Owner & transaction history
Murrays Midwest Warehousing Ll · 10 yrs held
Murrays Midwest Warehousing Ll
since 2016
7 recorded transactions
Zoning & alternative use
AG-1 · Jonesville, 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 Jonesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesville 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±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
$24 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$21,522
Tax year 2020
Assessed value
$419,800
Assessed 2023
Previous assessed
$439,400
-4.5% YoY
Effective rate
5.13%
On assessed value
Total market value
$839,600
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
FORCED AIR
Buildings
8
Stories
1
Total area
60,942 SF
Lot
20 ac (871,200 SF)
Zoning code
AG-1
APN
000-16-33-200-001-04
UPID
US43-1371385
Jurisdiction
JACKSON
Zoning & alternative use
AG-1 · Jonesville, MI
Zoning AG-1 · permitted uses
AG-1 · Jonesville, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Buildings
8
Lot
20 ac
Current owner
From public records · entity-resolved
Murrays Midwest Warehousing Ll
Individual
Free & Clear · 10 yrs held
Mailing address
7691 MCLAIN RD, LITCHFIELD, MI 49252-9613
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
Murrays Midwest Warehousing LLC
—
Deed
related
$380,000 · County National Bank
Jan 22, 2018
—
Murrays Midwest Warehousing LLC
—
Deed
related
$250,000 · Comerica Bank
Sep 12, 2017
—
Murrays Midwest Warehousing Ll
—
Deed
related
$50,000 · Comerica Bk
Jun 9, 2016
—
Murrays Midwest Warehousing LLC
—
Deed
related
$200,000 · Hillsdale County National Bank
Apr 13, 2016
$400,000
Murrays Midwest Warehousing Ll
Livonia Tool Properties LLC
Warranty Deed
—
Aug 21, 2012
$299,346
Livonia Tool Properties LLC
Southern Mi Bk & Trust
Warranty Deed
$272,000 · Comerica Bank
Feb 16, 2011
$230,000
Southern Mi Bk & Trust
Deputy Sheriff Of Jackson County
Trustees Deed
related
—
—
—
Murrays Midwest Warehousing Ll
—
Loan Modification
related
$50,000 · Comerica Bk
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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