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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Automotive properties
5301 Us Hwy 27, Saint Johns, MI 48879-8715
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-2458224
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Total area
6,000 SF
Lot
29.3 ac (1,276,308 SF)
Zoning code
A-2
APN
090-020-400-003-00
UPID
US43-2458224
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$741k
Blend (final)
Blend
$580k
Owner & transaction history
Lot 53 Properties LLC · 1 yrs held
Lot 53 Properties LLC
since 2024
3 recorded transactions
Zoning & alternative use
A-2 · Saint Johns, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$615,000
+25.4%
Restaurant
$530,000
+8.4%
Medical building
$525,000
+7.0%
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 Saint Johns submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Johns 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
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$490,000
Current use
OFFICE BUILDING
$615,000
Change: +25% · Conversion: Difficult
RESTAURANT
$530,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$525,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$495,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$97 / 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
$19,858
Tax year 2020
Assessed value
$597,500
Assessed 2024
Previous assessed
$671,800
-11.1% YoY
Effective rate
3.32%
On assessed value
Assessed land
$116,900
Assessed improvement
$480,600
Land market value
$233,800
Improvement market value
$961,200
Total market value
$1,195,000
Applied tax rate
90.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Heating
YES
Buildings
4
Stories
1
Total area
6,000 SF
Lot
29.3 ac (1,276,308 SF)
Zoning code
A-2
APN
090-020-400-003-00
UPID
US43-2458224
Jurisdiction
CLINTON
Zoning & alternative use
A-2 · Saint Johns, MI
Zoning A-2 · permitted uses
A-2 · Saint Johns, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Johns. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$490,000
OFFICE BUILDING
Est. value
$615,000
RESTAURANT
Est. value
$530,000
MEDICAL BUILDING
Est. value
$525,000
RETAIL STORES
Est. value
$495,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
YES
Stories
1
Buildings
4
Lot
29.3 ac
Current owner
From public records · entity-resolved
Lot 53 Properties LLC
Entity
Mailing address
11108 EDEN TRL, EAGLE, MI 48822-9626
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
—
Lot 53 Properties LLC
U S 27 Properties LLC
Warranty Deed
$1,200,000 · Commercial Bank
Jul 1, 2020
—
Us 27 Properties LLC
—
Deed
related
$293,225 · Commercial Bank
Jun 8, 2005
$650,000
U S 27 Properties LLC
St Johns Properties LLC
Corporation Deed
$650,000 · Sam Speen
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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