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Property profile & analytics
FOR SALE
Office buildings
101 Innovation Pkwy, Williamston, MI 48895
Entity Owned
~
Est. High Equity
Property ID
US43-5234552
For Sale
1 / 10
$799,000
101 Innovation Pkwy, Williamston, MI 48895
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
6,068 SF
Lot
3.15 ac (137,214 SF)
Zoning code
PO-1
APN
33-18-07-01-300-015
UPID
US43-5234552
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
Current use
Occupant on record · Public records
-
P I Engineering | X-keys Computer Hardware Manufacturer Computer Accessories Store
-
Ledebuhr Industries Inc Industrial Manufacturer Production Facility
-
ClockWork Sport (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$836k
Blend (final)
Blend
$830k
Owner & transaction history
101 Innovation LLC
101 Innovation LLC
since 2026
4 recorded transactions
Zoning & alternative use
PO-1 · Williamston, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$750,000
+32.1%
Restaurant
$705,000
+25.0%
Commercial (general)
$695,000
+22.4%
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 Williamston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamston 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%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$565,000
Current use
MEDICAL BUILDING
$750,000
Change: +32% · Conversion: Easy
RESTAURANT
$705,000
Change: +25% · Conversion: Moderate
COMMERCIAL (GENERAL)
$695,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$610,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$137 / 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
$31,988
Tax year 2022
Assessed value
$575,800
Assessed 2023
Previous assessed
$546,500
+5.4% YoY
Effective rate
5.56%
On assessed value
Assessed land
$129,400
Assessed improvement
$446,400
Land market value
$258,800
Improvement market value
$892,800
Total market value
$1,151,600
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1996
Heating
YES
Buildings
3
Stories
1
Total area
6,068 SF
Lot
3.15 ac (137,214 SF)
Zoning code
PO-1
APN
33-18-07-01-300-015
UPID
US43-5234552
Jurisdiction
INGHAM
Zoning & alternative use
PO-1 · Williamston, MI
Zoning PO-1 · permitted uses
PO-1 · Williamston, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$565,000
MEDICAL BUILDING
Est. value
$750,000
RESTAURANT
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$610,000
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
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
Year built
1996
Heating
YES
Stories
1
Buildings
3
Lot
3.15 ac
Current owner
From public records · entity-resolved
101 Innovation LLC
Entity
Mailing address
101 INNOVATION PKWY STE A, WILLIAMSTON, MI 48895-1680
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
—
101 Innovation LLC
Williamston Innovation LLC
Warranty Deed
—
Jan 27, 2004
—
Williamston Innovation LLC
Williamston Innovation LLC
Quit Claim Deed
related
—
Mar 26, 2003
$690,000
Williamston Innovation LLC
Innovation Properties LLC
Warranty Deed
related
$552,000 · National Cty Bk/mi Il
—
—
Williamston Innovation LLC
—
Loan Modification
related
$300,000 · National City Bank Midwest
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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