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Property profile & analytics
OFF-MARKET
Commercial real estate
State St Davison, MI 48423
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US43-3171753
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.32 ac (13,983 SF)
Zoning code
C-3
APN
52-03-300-013
UPID
US43-3171753
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
Continental Estates Mi LLC · 12 yrs held
Continental Estates Mi LLC
since 2014
2 recorded transactions
Zoning & alternative use
C-3 · Davison, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intendedto provide space for those types of retail and commercial uses that cater to the greater community region.
Zone name
Commercial Central Business
General category
COMMERCIAL
Zone area
129.27 ac
Source
Realmo
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 Davison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davison 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,085
Tax year 2021
Assessed value
$35,800
Assessed 2023
Previous assessed
$36,700
-2.5% YoY
Effective rate
3.03%
On assessed value
Total market value
$71,600
Applied tax rate
52.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
FORCED AIR
Lot
0.32 ac (13,983 SF)
Zoning code
C-3
APN
52-03-300-013
UPID
US43-3171753
Jurisdiction
GENESEE
Zoning & alternative use
C-3 · Davison, MIZoning C-3 · permitted uses
C-3 · Davison, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intendedto provide space for those types of retail and commercial uses that cater to the greater community region.
Zone name
Commercial Central Business
General category
COMMERCIAL
Zone area
129.27 ac
Source
Realmo
Building & site characteristics
From public records
Heating
FORCED AIR
Lot
0.32 ac
Current owner
From public records · entity-resolved
Continental Estates Mi LLC
Entity
Mailing address
4600 COX RD STE #400, GLEN ALLEN, VA 23060-6732
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2014
—
Continental Estates Mi LLC
Sun Continental Estates LLC
Quit Claim Deed
$3,654,076 · Markel Ventures INC
Jun 18, 2004
—
Sun Continental Estates LLC
Sun Communities Operating
Quit Claim Deed
related
$7,680,000 · * Other Institutional Lenders
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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