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Property profile & analytics
FOR SALE
Distribution centers
8975 Page Ave Jackson, MI 49201
Entity Owned
Free & Clear
Property ID
US43-0883180
For Sale
1 / 47
$1,575,000
8975 Page Ave, Jackson, MI 49201
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Total area
24,480 SF
Lot
10 ac (435,600 SF)
Zoning code
AG AGRI
APN
000-14-12-226-001-03
UPID
US43-0883180
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
$1.45M
Blend (final)
Blend
$1.39M
Owner & transaction history
Cencor Capital LLC
Cencor Capital LLC
since 2025
6 recorded transactions
Zoning & alternative use
AG AGRI · Jackson, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+121.3%
Medical building
$2.1M
+109.8%
Retail stores
$1.8M
+78.4%
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$985,000
Current use
RESTAURANT
$2,185,000
Change: +121% · Conversion: Difficult
MEDICAL BUILDING
$2,070,000
Change: +110% · Conversion: Difficult
RETAIL STORES
$1,760,000
Change: +78% · Conversion: Moderate
OFFICE BUILDING
$1,725,000
Change: +75% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,555,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,375,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±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
$57 / 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
Tax billed
$22,462
Tax year 2022
Assessed value
$869,479
Assessed 2023
Previous assessed
$445,895
+95.0% YoY
Effective rate
2.58%
On assessed value
Total market value
$1,738,958
Applied tax rate
7.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Sale
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
24,480 SF
Lot
10 ac (435,600 SF)
Zoning code
AG AGRI
APN
000-14-12-226-001-03
UPID
US43-0883180
Jurisdiction
JACKSON
Zoning & alternative use
AG AGRI · Jackson, MI
Zoning AG AGRI · permitted uses
AG AGRI · Jackson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$985,000
RESTAURANT
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
WAREHOUSE, STORAGE Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
10 ac
Current owner
From public records · entity-resolved
Cencor Capital LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1158 CAMELOT DR, PINCKNEY, MI 48169-9034
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
$1,275,597
Cencor Capital LLC
Matthew Baker
Deed
related
—
Jan 6, 2025
—
8975 Page Ave LLC
—
Deed
related
$412,080 · Morenci Brothers Lot 19 Holding LLC
Jan 5, 2018
$120,000
8975 Page Ave LLC
Dinco Linda A B Trust
Grant Deed
related
—
Oct 31, 2017
$40,000
Robert Gervais
Dinco Linda B Trust
Grant Deed
related
—
Nov 3, 2009
—
Dinco,linda B Trust
Dinco,linda A B
Quit Claim Deed
related
—
Aug 4, 2005
—
Joseph L Dinco
Joseph L Dinco
Intrafamily Transfer
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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