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Property profile & analytics
OFF-MARKET
Office buildings
1380 Haslett Rd 46, Haslett, MI 48840-7623
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US43-4968293
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1930
Total area
4,020 SF
Lot
0.39 ac (16,945 SF)
Zoning code
PO
APN
33-02-02-11-302-024
UPID
US43-4968293
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
-
Attorney Patricia Johnson | Okemos Lawyer | (517) 347-7302 Law Firm
-
Family Doc Medical Clinic
-
Dream Makers Marketing Advertising Agency Marketing & Advertising
-
Haslett Guitar Academy, LLC Training Center Tutoring Service
-
Bring Air In with Massage Alternative Medicine Practice Spa & Massage Center
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
First Housing Services INC · 18 yrs held
First Housing Services INC
since 2008
2 recorded transactions
Zoning & alternative use
PO · Haslett, 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 Haslett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haslett 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
$4,001
Tax year 2019
Assessed value
$79,400
Assessed 2023
Previous assessed
$73,500
+8.0% YoY
Effective rate
5.04%
On assessed value
Assessed land
$17,000
Assessed improvement
$62,400
Land market value
$34,000
Improvement market value
$124,800
Total market value
$158,800
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
Off-Market
Year built
1930
Heating
FORCED AIR
Stories
1
Total area
4,020 SF
Lot
0.39 ac (16,945 SF)
Zoning code
PO
APN
33-02-02-11-302-024
UPID
US43-4968293
Jurisdiction
INGHAM
Zoning & alternative use
PO · Haslett, MI
Zoning PO · permitted uses
PO · Haslett, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Haslett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
FORCED AIR
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
First Housing Services INC
Entity
Mailing address
PO BOX 580, HASLETT, MI 48840-0580
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2008
$100,000
First Housing Services INC
Wayne F Karber Revocable Family Tru
Warranty Deed
$120,000 · Summit Community Bank
—
—
Karber,wayne F Family Trust
—
Deed Of Trust
related
$25,000 · Richard A & Jennifer L Johnson
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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