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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Medical Office Space
1650 Haslett Rd, Haslett, MI 48840-7615
Entity Owned
~
Est. High Equity
Property ID
US43-5288378
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Total area
10,370 SF
Lot
1.72 ac (74,836 SF)
Zoning code
PO
APN
33-02-02-10-403-003
UPID
US43-5288378
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
-
Emily Henning Physician
-
Cima Breast Center Medical Clinic
-
Kathy Grace Physician
-
Breyanna Otlewski Physician
-
Dr. Jacqueline Witters Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.29M
Owner & transaction history
Anb Group LLC
Anb Group LLC
since 2025
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,460,000
6.5%
$1,345,000
7%
$1,250,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,280,000
Current use
RESTAURANT
$1,210,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,185,000
Change: -7% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,045,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±10%
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
$124 / 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
$39,991
Tax year 2019
Assessed value
$684,400
Assessed 2023
Previous assessed
$657,100
+4.2% YoY
Effective rate
5.84%
On assessed value
Assessed land
$134,700
Assessed improvement
$549,700
Land market value
$269,400
Improvement market value
$1,099,400
Total market value
$1,368,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Heating
YES
Stories
1
Total area
10,370 SF
Lot
1.72 ac (74,836 SF)
Zoning code
PO
APN
33-02-02-10-403-003
UPID
US43-5288378
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
YES
Stories
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
Anb Group LLC
Entity
Mailing address
3955 PATIENT CARE DR, LANSING, MI 48911-4299
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
Nov 12, 2025
$1,375,000
Anb Group LLC
Cima Haslett LLC
Warranty Deed
$3,604,800 · The Huntington National Bank
Sep 8, 2021
—
Cima Haslett LLC
—
Deed
related
$215,204 · The Huntington National Bank
Oct 6, 2016
—
Cima Haslett LLC
—
Deed
related
$1,250,462 · Capitol Nat'l Bk
Apr 7, 2009
—
Cima Haslett LLC
1650 Haslett Medical LLC
Warranty Deed
$1,280,000 · Capitol National Bank
Mar 13, 2007
$1,975,000
1650 Haslett Medical LLC
My Consultant INC
Warranty Deed
$1,640,000 · State Farm Bank Fsb
May 29, 2003
$1,045,000
1650 Haslett
Meridian Investment Co LLC
Warranty Deed
related
$1,224,000 · National Cty Bk/mi Il
—
—
Cima Haslett LLC
—
Loan Modification
related
$1,250,462 · Capitol Nat'l 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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