Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$375,000
Retail residential properties
217 Liberty Rd Cement City, MI 49233-9646
Individually Owned
19-yr Hold
Free & Clear
Property ID
US43-1686470
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1880
Total area
5,663 SF
Lot
0.87 ac (37,897 SF)
Zoning code
C-1
APN
000-18-26-101-004-01
UPID
US43-1686470
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
-
Liberty General Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$375k
Owner & transaction history
Mary Ann Rataj · 19 yrs held
Mary Ann Rataj
since 2006
2 recorded transactions
Zoning & alternative use
C-1 · Cement City, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-1: Local Commercial District OS1: Office Small Business 3.1.4 Industrial Districts. (None Provided) SECTION 3.2 OFFICIAL ZONING MAP 3.2.1 The zoning districts as provided in Section 3.1 of this Ordinance are bound and defined on a map entitled, "Official Zoning Map, Village of Cement City, Jackson and Lenawee County, Michigan, dated 2015, each map with all…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
18.27 ac
Source
Village of Cement City
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 Cement City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cement City 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
$375k
Range $338k – $413k · ±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
$66 / 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
$5,088
Tax year 2020
Assessed value
$124,100
Assessed 2023
Previous assessed
$111,800
+11.0% YoY
Effective rate
4.10%
On assessed value
Total market value
$248,200
Applied tax rate
8.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1880
Heating
FORCED AIR
Buildings
9
Stories
2
Total area
5,663 SF
Lot
0.87 ac (37,897 SF)
Zoning code
C-1
APN
000-18-26-101-004-01
UPID
US43-1686470
Jurisdiction
JACKSON
Zoning & alternative use
C-1 · Cement City, MIZoning C-1 · permitted uses
C-1 · Cement City, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-1: Local Commercial District OS1: Office Small Business 3.1.4 Industrial Districts. (None Provided) SECTION 3.2 OFFICIAL ZONING MAP 3.2.1 The zoning districts as provided in Section 3.1 of this Ordinance are bound and defined on a map entitled, "Official Zoning Map, Village of Cement City, Jackson and Lenawee County, Michigan, dated 2015, each map with all explanatory matter thereon, is hereby adopted as a part of this Ordinance. 3.2.2 The Official Zoning Map shall be identified by the signature of the Village Council President, attested by the Clerk. The Official Zoning Map shall be located in the Village Hall and available for examination. The Zoning Map shall be updated at the direction of Village of Cement City Council Board as needed.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
18.27 ac
Source
Village of Cement City
Building & site characteristics
From public records
Year built
1880
Heating
FORCED AIR
Stories
2
Buildings
9
Lot
0.87 ac
Current owner
From public records · entity-resolved
Mary Ann Rataj
Individual
Free & Clear · 19 yrs held
Mailing address
PO BOX 237, BELLEVILLE, MI 48112-0237
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2006
$170,000
Mary Ann Rataj
David A Winter
Warranty Deed
—
—
—
Liberty Real Estate Ent LLC
—
Deed Of Trust
related
$50,000 · Ann Arbor Commerce 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 217 Liberty Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
