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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
109 Carney St 10, Leslie, MI 49251-2560
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US43-0774258
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
1936
Total area
1,176 SF
Lot
0.03 ac (1,176 SF)
Zoning code
B1 GEN
APN
33-17-14-28-206-013
UPID
US43-0774258
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
-
Cindy's Great Expectations Hair Salon
-
Therapy Salon Hair Salon Nail Salon
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
Brandimore Land Two LLC · 5 yrs held
Brandimore Land Two LLC
since 2021
Last sale
$75,000
5 recorded transactions
Zoning & alternative use
B1 GEN · Leslie, 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 Leslie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leslie 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
$2,106
Tax year 2021
Assessed value
$43,250
Assessed 2023
Previous assessed
$38,500
+12.3% YoY
Effective rate
4.87%
On assessed value
Assessed land
$3,300
Assessed improvement
$39,950
Land market value
$6,600
Improvement market value
$79,900
Total market value
$86,500
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
1936
Heating
FORCED AIR
Stories
1
Total area
1,176 SF
Lot
0.03 ac (1,176 SF)
Zoning code
B1 GEN
APN
33-17-14-28-206-013
UPID
US43-0774258
Jurisdiction
INGHAM
Zoning & alternative use
B1 GEN · Leslie, MI
Zoning B1 GEN · permitted uses
B1 GEN · Leslie, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leslie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1936
Heating
FORCED AIR
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Brandimore Land Two LLC
Entity
Mailing address
39375 AMRHEIN RD, LIVONIA, MI 48150-5018
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2021
$75,000
Brandimore Land Two LLC
Christopher M Fuller
Warranty Deed
—
Nov 2, 2020
—
Christopher M Fuller
Lindsey Burlison
Quit Claim Deed
related
—
Aug 23, 2013
—
Lindsey Burlison
Fuller,christopher M & Nanette M
Quit Claim Deed
related
—
Aug 2, 2010
$7,082
Christopher M Fuller
City Of Leslie
Grant Deed
—
Aug 7, 2009
—
City Of Leslie
Schertzing,eric
Quit Claim Deed
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.
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