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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Commercial real estate
7789 Mi State Rd 36, Whitmore Lake, MI 48189-9794
Entity Owned
2-yr Hold
Free & Clear
Property ID
US43-0849951
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
4,000 SF
Lot
4.62 ac (201,247 SF)
Zoning code
VC
APN
15-25-200-093
UPID
US43-0849951
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
$758k
Blend (final)
Blend
$760k
Owner & transaction history
Jrs Realty LLC · 2 yrs held
Jrs Realty LLC
since 2024
7 recorded transactions
Zoning & alternative use
VC · 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
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
$760k
Range $684k – $836k · ±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
$190 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$9,414
Tax year 2021
Assessed value
$476,040
Assessed 2023
Previous assessed
$476,040
+0.0% YoY
Effective rate
1.98%
On assessed value
Total market value
$952,080
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
4,000 SF
Lot
4.62 ac (201,247 SF)
Zoning code
VC
APN
15-25-200-093
UPID
US43-0849951
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
VC · Whitmore Lake, MI
Zoning VC · permitted uses
VC · 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
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
4.62 ac
Current owner
From public records · entity-resolved
Jrs Realty LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1530 SWARTHOUT RD, PINCKNEY, MI 48169-9251
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2024
—
Jrs Realty LLC
Yml Holdings LLC
Warranty Deed
—
Dec 27, 2016
$320,025
Yml Holdings LLC
Huntington National Bank
Deed
$256,020 · State Bank
Jul 2, 2015
$440,000
Firstmerit Bk NA
Sheriff Of Livingston County|m-36 Holdings LLC
Trustees Deed
related
—
Aug 13, 2004
$675,000
M-36 Holdings LLC
Smallwood,william G & Donna H
Warranty Deed
related
$700,000 · Republic Bank
Jun 6, 2003
—
Olmsted Holdings INC
Smallwood,william G & Donna H
Grant Deed
related
—
—
—
M36 Holdings LLC
—
Deed Of Trust
related
$700,000 · Republic Bank
—
—
M-36 Holdings LLC
—
Deed Of Trust
related
$250,000 · Smallwood, Donna H
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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