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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1370 Mason St, Dansville, MI 48819-5128
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-0513234
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Total area
2,360 SF
Lot
0.31 ac (13,504 SF)
APN
33-41-11-22-202-023
UPID
US43-0513234
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
-
Principal Financial Group Financial Advisor
-
Ashby Ice Cream Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dansville 1370 LLC · 2 yrs held
Dansville 1370 LLC
since 2023
Last sale
$105,000
7 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 Dansville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dansville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,726
Tax year 2022
Assessed value
$60,600
Assessed 2023
Previous assessed
$60,600
+0.0% YoY
Effective rate
4.50%
On assessed value
Assessed land
$8,800
Assessed improvement
$51,800
Land market value
$17,600
Improvement market value
$103,600
Total market value
$121,200
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Heating
ZONE
Total area
2,360 SF
Lot
0.31 ac (13,504 SF)
APN
33-41-11-22-202-023
UPID
US43-0513234
Jurisdiction
INGHAM
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
Heating
ZONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
Dansville 1370 LLC
Entity
Mailing address
2626 WALMAR DR, LANSING, MI 48917-5110
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2023
$105,000
Dansville 1370 LLC
Jlm Land LLC
Warranty Deed
—
Jul 10, 2023
$105,000
Jlm Land LLC
Dansville Mercantile LLC
Warranty Deed
—
Dec 16, 2010
$110,000
Dansville Mercantile LLC
Dart Bk
Warranty Deed
$128,000 · Dart Bank
Aug 24, 2010
—
Dart Bk
Mays,thomas D
Trustees Deed
related
—
May 27, 2005
—
Norman L Bodell
Alchin,kenneth G & Barbara A
Warranty Deed
—
May 27, 2005
$160,000
Thomas D Mays
Hoeffs,chester T
Warranty Deed
$160,000 · Fifth Third Bank
May 27, 2005
$130,000
Chester T Hoeffs
Bodell,norman L & Virginia M
Warranty Deed
—
—
—
Thomas D Mays
—
Deed Of Trust
related
$147,000 · Dart Bank
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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