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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Office buildings
1 Mtn Dr, Imlay City, MI 48444-8819
Entity Owned
14-yr Hold
Free & Clear
Property ID
US43-4365308
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
46,592 SF
Lot
14.94 ac (650,786 SF)
Zoning code
I-1
APN
003-001-024-00
UPID
US43-4365308
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
$3.00M
Blend (final)
Blend
$3.00M
Owner & transaction history
C & F Michigan Holdings LLC · 14 yrs held
C & F Michigan Holdings LLC
since 2012
7 recorded transactions
Zoning & alternative use
I-1 · Imlay City, 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 Imlay City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Imlay City 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
$3.00M
Range $2.70M – $3.30M · ±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
$64 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,057
Tax year 2023
Assessed value
$444,300
Assessed 2024
Previous assessed
$434,700
+2.2% YoY
Effective rate
3.39%
On assessed value
Total market value
$888,600
Applied tax rate
3.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Buildings
3
Stories
1
Total area
46,592 SF
Lot
14.94 ac (650,786 SF)
Zoning code
I-1
APN
003-001-024-00
UPID
US43-4365308
Jurisdiction
LAPEER
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Imlay City, MI
Zoning I-1 · permitted uses
I-1 · Imlay City, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Imlay City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Stories
1
Buildings
3
Lot
14.94 ac
Current owner
From public records · entity-resolved
C & F Michigan Holdings LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1 MTN DR, IMLAY CITY, MI 48444-8819
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2019
—
Shango Park LLC
—
Deed
related
$828,725 · Lakestone Bk&tr
Oct 26, 2018
—
Shango Park LLC
—
Deed
related
—
May 11, 2012
$300,000
C & F Michigan Holdings LLC
Shango Park LLC
Warranty Deed
related
—
Feb 16, 2012
$1,000,000
Shango Park LLC
Land Holding LLC
Deed
$750,000 · Lapeer County Bank & Trust Co
Jul 21, 2010
—
Land Holding LLC
Coyote Crossing LLC
Grant Deed
—
—
—
Shango Park LLC
—
Loan Modification
related
—
—
—
Coyote Crossing LLC
—
Deed Of Trust
related
$17,700 · National City Bank Midwest
—
—
Shango Park LLC
—
Loan Modification
related
$828,725 · Lakestone Bk&tr
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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