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Property profile & analytics
OFF-MARKET Estimated value $555,000
Retail space

139 Putnam St 1 Williamston, MI 48895-1335

8,843 SF 0.31 ac lot Built 1890
Entity Owned 12-yr Hold Free & Clear
Property ID
US43-5253605
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1890
Total area 8,843 SF
Lot 0.31 ac (13,329 SF)
Zoning code C-1
APN 33-18-03-36-353-021
UPID US43-5253605
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
  • Williamston True Value Hardware Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
$382k
Blend (final) Blend
$555k
Owner & transaction history
Kodet Properties LLC · 12 yrs held
Kodet Properties LLC
since 2013
5 recorded transactions
2023
Price N/A
2013
$200,000
2004
$185,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Williamston, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Section 74-2.306 C-1 Central Business District STATEMENT OF PURPOSE The C-1 Central Business District is intended to permit a variety of commercial, administrative, financial, civic, cultural, residential, entertainment, and recreational activities in an effort to provide a harmonious mix of activities that serve to enhance the district as a commercial and s…

Zone name Central Business
General category CIVIC_INSTITUTIONAL
Zone area 33.92 ac
Source Zoning map - Williamston, MI
Top alternative use upside
Auto repair, garage $890,000 +26.9%
Office building $825,000 +17.6%
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