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Property profile & analytics
OFF-MARKET
Commercial real estate
215 Dino Dr Ann Arbor, MI 48103-9502
Entity Owned
10-yr Hold
Free & Clear
Property ID
US43-4966322
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.85 ac (80,586 SF)
Zoning code
I-1
APN
H -08-19-400-006
UPID
US43-4966322
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
-
A2 Restoration Hardware & Home Improvement Construction Company
-
Ann Arbor Rug and Carpet Cleaning Carpet Cleaning Service Curtain And Upholstery Cleaning Service
-
Spink Insulation General Contractor Renovation Specialist
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
215 Dino Dr LLC · 10 yrs held
215 Dino Dr LLC
since 2016
5 recorded transactions
Zoning & alternative use
I-1 · Ann Arbor, MI
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 Ann Arbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ann Arbor 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 2023Property tax & assessments
Tax year 2023
Assessed value
$146,400
Assessed 2024
Previous assessed
$127,300
+15.0% YoY
Total market value
$292,800
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
FORCED AIR
Lot
1.85 ac (80,586 SF)
Zoning code
I-1
APN
H -08-19-400-006
UPID
US43-4966322
Jurisdiction
WASHTENAW
Zoning & alternative use
I-1 · Ann Arbor, MIZoning I-1 · permitted uses
I-1 · Ann Arbor, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
udc edition 11a 8 10 25
Building & site characteristics
From public records
Heating
FORCED AIR
Lot
1.85 ac
Current owner
From public records · entity-resolved
215 Dino Dr LLC
Entity
Free & Clear · 10 yrs held
Mailing address
215 DINO DR, ANN ARBOR, MI 48103-9502
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2016
—
215 Dino Dr LLC
Joffe Properties LLC
Quit Claim Deed
related
—
Jan 22, 2008
$330,000
Joffe Properties LLC
Smith-gundrum D I Trust
Warranty Deed
$265,000 · Comerica Bank
May 8, 2007
$307,433
Smith-gundrum Doris I Trust
Sheriff Of Washtenaw County
Trustees Deed
related
—
Oct 3, 2005
—
Smith-gundrum Doris I Trust
Smith-gundrum,doris I
Quit Claim Deed
related
—
Jun 16, 2005
—
John N Gundrum SR.
Gundrum,john N
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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