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Property profile & analytics
OFF-MARKET
Manufacturing properties
7035 Jo Mar Dr, Whitmore Lake, MI 48189-8241
Entity Owned
22-yr Hold
Free & Clear
Property ID
US43-1814762
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2004
Lot
12.51 ac (544,936 SF)
Zoning code
RTM-RESEARCH TE
APN
B -02-20-100-026
UPID
US43-1814762
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
-
Balance Technology Inc (BTI) Instrumentation Engineer
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
Sbc Ventures LLC · 22 yrs held
Sbc Ventures LLC
since 2004
7 recorded transactions
Zoning & alternative use
RTM-RESEARCH TE · Whitmore Lake, 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 Whitmore Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whitmore Lake 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 2023Property tax & assessments
Tax year 2023
Tax billed
$119,019
Tax year 2023
Assessed value
$2,352,400
Assessed 2024
Previous assessed
$2,271,100
+3.6% YoY
Effective rate
5.06%
On assessed value
Total market value
$4,704,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Lot
12.51 ac (544,936 SF)
Zoning code
RTM-RESEARCH TE
APN
B -02-20-100-026
UPID
US43-1814762
Jurisdiction
WASHTENAW
Zoning & alternative use
RTM-RESEARCH TE · Whitmore Lake, MI
Zoning RTM-RESEARCH TE · permitted uses
RTM-RESEARCH TE · Whitmore Lake, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whitmore Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Lot
12.51 ac
Current owner
From public records · entity-resolved
Sbc Ventures LLC
Entity
Free & Clear · 22 yrs held
Mailing address
7035 JO MAR DR, WHITMORE LAKE, MI 48189-8241
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2017
—
Sbc Ventures LLC
—
Deed
related
—
May 4, 2016
—
Sbc Ventures LLC
—
Deed
related
$7,500,000 · Comerica Bk
Jun 4, 2004
—
Sbc Ventures LLC
Balance Technology INC
Grant Deed
related
—
—
—
Sbc Ventures LLC
—
Deed Of Trust
related
$4,049,315 · Comerica Bank
—
—
Sbc Ventures LLC
—
Loan Modification
related
$7,500,000 · Comerica Bk
—
—
Sbc Ventures LLC
—
Loan Modification
related
—
—
—
Sbc Ventures LLC
—
Deed Of Trust
related
$566,761 · Comerica 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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