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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Commercial real estate
1149 Leroy St, Fenton, MI 48430-2757
Entity Owned
~
Est. High Equity
Property ID
US43-0758661
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,420 SF
Lot
1.64 ac (71,438 SF)
Zoning code
GBD
APN
53-26-200-007
UPID
US43-0758661
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
-
Visions In Motion Dance Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.38M
Owner & transaction history
1149 N Leroy LLC
1149 N Leroy LLC
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
GBD · 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
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
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.40M (Dec 23 2025)
Last sale anchor
$1.40M
Dec 23 2025
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
$71 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$26,457
Tax year 2019
Assessed value
$636,900
Assessed 2023
Previous assessed
$608,700
+4.6% YoY
Effective rate
4.15%
On assessed value
Total market value
$1,273,800
Applied tax rate
53.0000
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
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
19,420 SF
Lot
1.64 ac (71,438 SF)
Zoning code
GBD
APN
53-26-200-007
UPID
US43-0758661
Jurisdiction
GENESEE
Zoning & alternative use
GBD · Fenton, MI
Zoning GBD · permitted uses
GBD · 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
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
1149 N Leroy LLC
Entity
Mailing address
8180 EAGLE RD, DAVISBURG, MI 48350-2801
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$1,400,000
1149 N Leroy LLC
Msg94 LLC
Warranty Deed
$1,050,000 · Dort Financial Cu
Jan 27, 2012
$451,500
Stephen Grover
Citizens Bk
Warranty Deed
—
Jun 8, 2011
—
Msg94 LLC
Grover,stephen & Mary
Quit Claim Deed
related
—
Oct 19, 2010
—
Citizens Bk
Namir & Sons LLC
Quit Claim Deed
related
—
Jun 24, 2010
$800,000
Citizens Bk
Deputy Sheriff Of Genesee County
Trustees Deed
related
—
Jun 13, 2006
—
Namir & Sons LLC
Nannoshi Properties INC
Quit Claim Deed
related
$950,000 · Citizens Federal Bank Fsb
—
—
Namir & Sons LLC
—
Deed Of Trust
related
$100,000 · Citizens Federal Bank Fsb
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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