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Property profile & analytics
OFF-MARKET
Estimated value
$125,000
Specialty properties
5920 Jefferson Ave Midland, MI 48640-2923
Entity Owned
14-yr Hold
Free & Clear
Property ID
US43-2458595
Property profile
Verified
Property type
Specialty properties
Use group
COMMERCIAL MISC
Year built
1971
Total area
12,072 SF
Lot
3.77 ac (164,221 SF)
Zoning code
RA-2
APN
14-03-70-002
UPID
US43-2458595
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
-
North Point Ministries Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$125k
Owner & transaction history
Maas Development II · 14 yrs held
Maas Development II
since 2012
1 recorded transaction
Zoning & alternative use
RA-2 · Midland, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
rposes of this Ordinance, the City of Midland is hereby divided into the following Zoning Districts as shown on the Official Zoning Map: AG Agricultural District RA-1 Residential A-1 - Single Family Residential District RA-2 Residential A-2 - Single Family Residential District RA-3 Residential A-3 - Single Family Residential District RA-4 Residential A-4 - S…
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
1,175.70 ac
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 Midland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midland 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
$125k
Range $113k – $138k · ±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
$10 / 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
Applied tax rate
180.0000
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
Specialty properties
Use group
COMMERCIAL MISC
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Stories
1
Total area
12,072 SF
Lot
3.77 ac (164,221 SF)
Zoning code
RA-2
APN
14-03-70-002
UPID
US43-2458595
Jurisdiction
MIDLAND
Zoning & alternative use
RA-2 · Midland, MIZoning RA-2 · permitted uses
RA-2 · Midland, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
rposes of this Ordinance, the City of Midland is hereby divided into the following Zoning Districts as shown on the Official Zoning Map: AG Agricultural District RA-1 Residential A-1 - Single Family Residential District RA-2 Residential A-2 - Single Family Residential District RA-3 Residential A-3 - Single Family Residential District RA-4 Residential A-4 - Single and Two-Family Residential District RB Residential B - Multiple-Family Residen
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
1,175.70 ac
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Stories
1
Lot
3.77 ac
Current owner
From public records · entity-resolved
Maas Development II
Entity
Free & Clear · 14 yrs held
Mailing address
5920 JEFFERSON AVE, MIDLAND, MI 48640-2923
Ownership since
2012
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
Jun 29, 2012
$53,000
Maas Development II
Northpoint Ministries Church Of God
Warranty Deed
—
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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