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Property profile & analytics
OFF-MARKET
Estimated value
$3,525,000
Office buildings
1244 Dean Rd, Temperance, MI 48182-3800
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1450678
Property summary
AI-generated overview
This exceptional 6,064-square-foot warehouse, located at 1244 W Dean Rd in Temperance, Michigan, presents a significant opportunity. Situated on a 6.25-acre lot, this single-tenant property boasts a 16-foot ceiling height, perfect for various industrial uses. Built in 1962 and extensively renovated in 2017, the building is well-maintained and features two dock-high doors for efficient loading and unloading. The property includes 160 parking spaces, ensuring ample room for employees and visitors. Power is robust, featuring 400/200a/480/208v 3-phase service. The building also includes one 1-ton crane. Recent upgrades include fresh paint and improved lighting. The property is zoned RB-2 and its address is conveniently located on a two-lane, two-way street, with Lewis Avenue as a cross street. The APN is 580202206910, and the property is located in Monroe County, Michigan, zip code 48182. This well-equipped facility is ready for immediate occupancy.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Total area
87,299 SF
Lot
6.25 ac (272,250 SF)
APN
02-022-069-10
UPID
US43-1450678
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
-
MTS Burgess LLC Industrial Manufacturer Production Facility
-
Fox Business Forms & Incentive (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$3.53M
Owner & transaction history
Dean Rd LLC · 9 yrs held
Dean Rd LLC
since 2016
4 recorded transactions
Zoning & alternative use
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 Temperance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temperance 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
$3.53M
Range $3.17M – $3.88M · ±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
$40 / 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
$29,623
Tax year 2023
Assessed value
$700,900
Assessed 2023
Previous assessed
$700,900
+0.0% YoY
Effective rate
4.23%
On assessed value
Total market value
$1,401,800
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1962
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
87,299 SF
Lot
6.25 ac (272,250 SF)
APN
02-022-069-10
UPID
US43-1450678
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1962
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
6.25 ac
Current owner
From public records · entity-resolved
Dean Rd LLC
Entity
Free & Clear · 9 yrs held
Mailing address
7301 CHIP SHOT LN, WATERVILLE, OH 43566-9420
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2018
—
1244 W Dean Road LLC
—
Deed
related
$775,000 · First Federal Bank Midwest
Dec 12, 2016
$175,000
Dean Rd LLC
R & M Co
Warranty Deed
—
Dec 9, 2016
—
1244 W Dean Road LLC
—
Deed
related
$940,000 · First Fed'l Bk/midwest
—
—
1244 W Dean Road LLC
—
Deed Of Trust
related
$940,000 · First Fed'l Bk/midwest
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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