Entity Owned Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
17,856 SF
Lot
1.83 ac (79,715 SF)
Zoning code
A1-AGRI
APN
29-13-3-16-4001-003
UPID
US43-2516058
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apartment Building Apartment Complex
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.41M
Owner & transaction history
since 2022
Last sale
$4.3M
2 recorded transactions
Zoning & alternative use
A1-AGRI · Freeland, MI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.41M
Value range
$4.87M – $5.95M
±10% around blend
Estimated value / SF
$303 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
50
$4.87M
blend $5.41M
$5.95M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
17,856 SF
Lot area
1.83 ac
Stories
1
APN
29-13-3-16-4001-003
Zoning
A1-AGRI
Assessed value
$416,200
Annual tax
$24,000
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.23M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.41M
@ 6.5% CAP return
$2.23M
@ 7% CAP return
$2.07M
4
Sales comparison
Partial preview
Sales approach indication
$855k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.0 mi away · 18,450 SF
9.0 mi away · 14,609 SF
9.7 mi away · 20,170 SF
15.1 mi away · 15,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.41M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$91
+235%
Submarket 21 sales
$91
+235%
County 512 sales
$65
+363%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $303/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
2.70%
Implied, in-place cap rate for this commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$302k *
Last sale · Jan 2022
$4.32M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.19M
Move the market yield to see immediate price impact.
Value / SF
$627
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.20%2.70%3.20%
$272k
$12.36M
$10.07M
$8.50M
$302k
$13.73M
$11.19M
$9.44M
$332k
$15.11M
$12.31M
$10.39M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$1.43M
8.3 mi · Dec 2025 · $67/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$24,000
Tax year 2022
Assessed value
$416,200
Assessed 2023
Previous assessed
$416,200
+0.0% YoY
Effective rate
5.77%
On assessed value
Total market value
$832,400
Applied tax rate
29.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
PACKAGE
Stories
1
Total area
17,856 SF
Lot
1.83 ac (79,715 SF)
Zoning code
A1-AGRI
APN
29-13-3-16-4001-003
UPID
US43-2516058
Jurisdiction
SAGINAW
Zoning & alternative use
A1-AGRI · Freeland, MIZoning A1-AGRI · permitted uses
A1-AGRI · Freeland, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Heating
PACKAGE
Stories
1
Lot
1.83 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
A1-AGRI
Jurisdiction
Freeland, MI
Recorded code
A1-AGRI
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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