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Property profile & analytics
OFF-MARKET
Office buildings
701 State St Saint Johns, MI 48879-1689
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-2370773
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
CONCRETE
Total area
4,320 SF
Lot
0.11 ac (4,748 SF)
Zoning code
O
APN
300-155-000-009-03
UPID
US43-2370773
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Healthy Reflections Message & Nelln · 8 yrs held
Healthy Reflections Message & Nelln
since 2018
4 recorded transactions
Zoning & alternative use
O · Saint Johns, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,881
Tax year 2022
Assessed value
$57,100
Assessed 2024
Previous assessed
$53,800
+6.1% YoY
Effective rate
5.05%
On assessed value
Assessed land
$8,100
Assessed improvement
$49,000
Land market value
$16,200
Improvement market value
$98,000
Total market value
$114,200
Applied tax rate
300.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
YES
Stories
1
Total area
4,320 SF
Lot
0.11 ac (4,748 SF)
Zoning code
O
APN
300-155-000-009-03
UPID
US43-2370773
Jurisdiction
CLINTON
Zoning & alternative use
O · Saint Johns, MI
Zoning O · permitted uses
O · 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.
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
YES
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Healthy Reflections Message & Nelln
Individual
Mailing address
819 SPG ST, SAINT JOHNS, MI 48879-1075
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2018
$55,300
Healthy Reflections Message & Nelln
Bennett Enterprises Of Michigan LLC
Land Contract
—
Mar 5, 2018
$55,000
Bennett Entpries Of Michigans LLC
The Fowler Boys LLC
Warranty Deed
—
Feb 3, 2009
$260,000
The Fowler Boys LLC
Drake Garner
Warranty Deed
$185,000 · Franklin Bank NA
Aug 15, 2007
$142,000
Drake Garner
701 E State Street Investment Prope
Warranty Deed
$170,000 · Franklin 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.
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