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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Distribution centers
13387 Allman Rd, Concord, MI 49237-9813
Entity Owned
2-yr Hold
Free & Clear
Property ID
US43-4049247
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2021
Total area
9,072 SF
Lot
8.87 ac (386,377 SF)
Zoning code
AG
APN
000-11-33-201-002-02
UPID
US43-4049247
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
by Request
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$670k
Owner & transaction history
S A Real Estate LLC · 2 yrs held
S A Real Estate LLC
since 2023
4 recorded transactions
Zoning & alternative use
AG · Concord, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$765,000
+92.0%
Medical building
$745,000
+86.9%
Office building
$675,000
+69.2%
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 Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord 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
Alternative Use
Use
Estimation
RESTAURANT
$765,000
Change: +92% · Conversion: Difficult
MEDICAL BUILDING
$745,000
Change: +87% · Conversion: Difficult
OFFICE BUILDING
$675,000
Change: +69% · Conversion: Difficult
RETAIL STORES
$615,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$610,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$510,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$74 / 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
$2,770
Tax year 2022
Assessed value
$240,000
Assessed 2023
Previous assessed
$240,000
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$240,000
Land market value
$480,000
Total market value
$480,000
Applied tax rate
3.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2021
Heating
FORCED AIR
Stories
1
Total area
9,072 SF
Lot
8.87 ac (386,377 SF)
Zoning code
AG
APN
000-11-33-201-002-02
UPID
US43-4049247
Jurisdiction
JACKSON
Zoning & alternative use
AG · Concord, MI
Zoning AG · permitted uses
AG · Concord, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$765,000
MEDICAL BUILDING
Est. value
$745,000
OFFICE BUILDING
Est. value
$675,000
RETAIL STORES
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$510,000
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
FORCED AIR
Stories
1
Lot
8.87 ac
Current owner
From public records · entity-resolved
S A Real Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7493 MAPLE DL RD, JACKSON, MI 49201-9743
Ownership since
2023
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
Dec 13, 2023
—
S A Real Estate LLC
Empress Agriscience LLC
Warranty Deed
—
Mar 14, 2022
$150,000
Empress Agriscience LLC
Rothenberger Investment Group LLC
Warranty Deed
—
Aug 2, 2021
—
Rothenberger Investment Group LLC
Dakota Real Estate LLC
Warranty Deed
—
Feb 22, 2019
$57,500
Dakota Real Estate LLC
Day Verna L
Grant 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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