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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Warehouses
3101 Page Ave, Jackson, MI 49203-2254
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1313073
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
11,468 SF
Lot
3.43 ac (149,411 SF)
Zoning code
ML LIGH
APN
000-14-06-301-009-01
UPID
US43-1313073
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
-
International Smart Tan Advertising Agency Marketing & Advertising
-
PTC Industrial Sales and Service Material Handling Equipment Supplier
-
MANE Salon Suites, LLC Hair Salon
-
Smart Tan Network Tanning Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$680k
Owner & transaction history
ROBELE INVESTMENTS LLC · 6 yrs held
ROBELE INVESTMENTS LLC
since 2020
1 recorded transaction
Zoning & alternative use
ML LIGH · Jackson, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+121.3%
Medical building
$970,000
+109.8%
Retail stores
$820,000
+77.8%
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
WAREHOUSE, STORAGE
$460,000
Current use
RESTAURANT
$1,025,000
Change: +121% · Conversion: Difficult
MEDICAL BUILDING
$970,000
Change: +110% · Conversion: Difficult
RETAIL STORES
$820,000
Change: +78% · Conversion: Moderate
OFFICE BUILDING
$810,000
Change: +75% · Conversion: Difficult
COMMERCIAL (GENERAL)
$725,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$645,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$59 / 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
$11,410
Tax year 2022
Assessed value
$335,216
Assessed 2023
Previous assessed
$342,044
-2.0% YoY
Effective rate
3.40%
On assessed value
Total market value
$670,432
Applied tax rate
7.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
FORCED AIR
Buildings
3
Stories
1
Total area
11,468 SF
Lot
3.43 ac (149,411 SF)
Zoning code
ML LIGH
APN
000-14-06-301-009-01
UPID
US43-1313073
Jurisdiction
JACKSON
Zoning & alternative use
ML LIGH · Jackson, MI
Zoning ML LIGH · permitted uses
ML LIGH · Jackson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$460,000
RESTAURANT
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$970,000
RETAIL STORES
Est. value
$820,000
OFFICE BUILDING
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$645,000
WAREHOUSE, STORAGE Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
Heating
FORCED AIR
Stories
1
Buildings
3
Lot
3.43 ac
Current owner
From public records · entity-resolved
ROBELE INVESTMENTS LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3700 SARGENT RD, JACKSON, MI 49201-8857
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2020
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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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