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Property profile & analytics
OFF-MARKET
Commercial real estate
1012 Leroy St, Fenton, MI 48430-1969
Individually Owned
~
Est. High Equity
Property ID
US43-4132602
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Total area
2,240 SF
Lot
0.33 ac (14,418 SF)
Zoning code
NO DATA TO DISPLAY
APN
53-25-503-061
UPID
US43-4132602
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
Kaitlyn Adler
Kaitlyn Adler
since 2026
Last sale
$395,000
4 recorded transactions
Zoning & alternative use
NO DATA TO DISPLAY · Fenton, 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 Fenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fenton 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 2019Property tax & assessments
Tax year 2019
Tax billed
$7,049
Tax year 2019
Assessed value
$199,500
Assessed 2023
Previous assessed
$301,900
-33.9% YoY
Effective rate
3.53%
On assessed value
Total market value
$399,000
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
Year built
1960
Heating
FORCED AIR
Total area
2,240 SF
Lot
0.33 ac (14,418 SF)
Zoning code
NO DATA TO DISPLAY
APN
53-25-503-061
UPID
US43-4132602
Jurisdiction
GENESEE
Zoning & alternative use
NO DATA TO DISPLAY · Fenton, MI
Zoning NO DATA TO DISPLAY · permitted uses
NO DATA TO DISPLAY · Fenton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fenton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Lot
0.33 ac
Current owner
From public records · entity-resolved
Kaitlyn Adler
Individual
Mailing address
1012 N LEROY ST, FENTON, MI 48430-1969
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
Jan 6, 2026
—
Kaitlyn Adler
Grand Hill Associates LLC
Deed
$350,000 · Choiceone Bank
Jan 6, 2026
$395,000
Naze LLC
Grand Hill Associates LLC
Warranty Deed
—
Oct 3, 2022
—
Kaitlyn Adler
Grand Hill Associates LLC
Land Contract
—
—
—
Grand Hill Associates LLC
—
Loan Modification
related
$284,000 · State Bk
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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