Individually Owned 
For Sale
1 / 28
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4341 Page Ave, Michigan Center, MI 49254
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Property summary
AI-generated overview
This Michigan Center commercial property is situated near the access routes of I-94 and US-127 and is positioned within the Michigan Center area. The site includes a 0.33-acre lot and a building of approximately 1,547 square feet. The building is configured with 3 bedrooms and 2 full bathrooms, providing space that can support either a live-work arrangement or business use. The layout is described as customizable for retail, office, or mixed-use purposes. Exterior improvements include a roof replacement completed in 2017 and updated siding. The property also includes a one-car detached garage.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
2,372 SF
Lot
0.4 ac (17,555 SF)
Zoning code
B-4 GEN
APN
000-14-05-451-005-00
UPID
US43-1486460
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$225k
Owner & transaction history
since 2005
1 recorded transaction
Zoning & alternative use
B-4 GEN · Michigan Center, MI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$225k
Value range
$203k – $248k
±10% around blend
Estimated value / SF
$95 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$203k
blend $225k
$248k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,372 SF
Lot area
0.4 ac
Year built
2006
Stories
2
APN
000-14-05-451-005-00
Zoning
B-4 GEN
Assessed value
$78,166
Annual tax
$1,485
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$1,485
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$195k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.8 mi away · 2,808 SF
17.0 mi away · 3,059 SF
18.2 mi away · 2,578 SF
21.1 mi away · 2,624 SF
21.8 mi away · 2,108 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$225k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 47 sales
$67
+41%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $95/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
9.60%
Selected cap rate for this other commercial real estate
Derived from the Michigan Center market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.60%
9.0%
NOI (est.)
$13k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$135k
Move the market yield to see immediate price impact.
Value / SF
$57
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
9.10%9.60%10.10%
$12k
$128k
$122k
$116k
$13k
$142k
$135k
$128k
$14k
$157k
$149k
$141k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$55k
4.7 mi · Sep 2025 · $30/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,485
Tax year 2022
Assessed value
$78,166
Assessed 2023
Previous assessed
$83,053
-5.9% YoY
Effective rate
1.90%
On assessed value
Total market value
$156,332
Applied tax rate
7.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2006
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
2,372 SF
Lot
0.4 ac (17,555 SF)
Zoning code
B-4 GEN
APN
000-14-05-451-005-00
UPID
US43-1486460
Jurisdiction
JACKSON
Zoning & alternative use
B-4 GEN · Michigan Center, MIZoning B-4 GEN · permitted uses
B-4 GEN · Michigan Center, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.4 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B-4 GEN
Jurisdiction
Michigan Center, MI
Recorded code
B-4 GEN
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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