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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Office buildings
1979 Holland Ave, Port Huron, MI 48060-8639
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-4511422
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
12,596 SF
Lot
1.71 ac (74,444 SF)
Zoning code
C1
APN
74-06-027-3001-001
UPID
US43-4511422
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
-
Integrated Insurance Agency Insurance Agency
-
James Gary a Do Physician
-
Wyzgowski Financial Services LLC Insurance Agency
-
Port Huron Family Care Medical Clinic
-
Justine Schrader Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$975k
Owner & transaction history
Justin S Walls · 1 yrs held
Justin S Walls
since 2024
Last sale
$975,000
2 recorded transactions
Zoning & alternative use
C1 · Port Huron, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+50.6%
Commercial (general)
$1.1M
+11.7%
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 Port Huron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Huron 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
$975,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
$770,000
6.5%
$710,000
7%
$660,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,025,000
Current use
MEDICAL BUILDING
$1,540,000
Change: +51% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,140,000
Change: +12% · Conversion: Easy
RETAIL STORES
$855,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $975k (Jul 26 2024)
Last sale anchor
$975k
Jul 26 2024
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
$77 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$26,281
Tax year 2023
Assessed value
$484,800
Assessed 2024
Previous assessed
$481,000
+0.8% YoY
Effective rate
5.42%
On assessed value
Total market value
$969,600
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
12,596 SF
Lot
1.71 ac (74,444 SF)
Zoning code
C1
APN
74-06-027-3001-001
UPID
US43-4511422
Jurisdiction
SAINT CLAIR
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C1 · Port Huron, MI
Zoning C1 · permitted uses
C1 · Port Huron, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Huron. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$855,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1979
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.71 ac
Current owner
From public records · entity-resolved
Justin S Walls
Individual
Mailing address
6010 SHERIDAN LINE RD, CROSWELL, MI 48422-9111
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jul 26, 2024
$975,000
Justin S Walls
Holland Woods Office Center LLC
Warranty Deed
$780,000 · Community Choice Cu
Jun 10, 2015
$850,000
Holland Woods Office Ctr LLC
M Weiss Props LLC
Warranty Deed
$750,000 · M Weiss Props LLC
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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