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Property profile & analytics
OFF-MARKET
Medical Office Space
2080 Hamilton Rd Okemos, MI 48864-2105
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US43-0105924
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1900
Total area
2,466 SF
Lot
0.53 ac (23,174 SF)
Zoning code
RC
APN
33-02-02-21-428-047
UPID
US43-0105924
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
-
Okemos Optometry, PC - Dr. Lenny Silverman & Dr. Sara Camburn Physician
-
Miss Sara Camburn Physician
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
2080 Hamilton LLC · 19 yrs held
2080 Hamilton LLC
since 2006
5 recorded transactions
Zoning & alternative use
RC · Okemos, 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 Okemos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okemos 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
$12,409
Tax year 2019
Assessed value
$238,000
Assessed 2023
Previous assessed
$217,600
+9.4% YoY
Effective rate
5.21%
On assessed value
Assessed land
$40,600
Assessed improvement
$197,400
Land market value
$81,200
Improvement market value
$394,800
Total market value
$476,000
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
1900
Heating
YES
Stories
2
Total area
2,466 SF
Lot
0.53 ac (23,174 SF)
Zoning code
RC
APN
33-02-02-21-428-047
UPID
US43-0105924
Jurisdiction
INGHAM
Zoning & alternative use
RC · Okemos, MI
Zoning RC · permitted uses
RC · Okemos, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Okemos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
YES
Stories
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
2080 Hamilton LLC
Entity
Mailing address
2080 HAMILTON RD, OKEMOS, MI 48864-2105
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2020
—
2080 Hamilton LLC
—
Deed
related
$50,000 · Michigan St Univ FCU
Oct 7, 2016
—
2080 Hamilton LLC
—
Deed
related
$21,000 · Michigan State University FCU
Oct 19, 2006
$330,000
2080 Hamilton LLC
Mark A Fineout
Warranty Deed
$330,616 · Jpmorgan Chase Bank NA
—
—
Mark A Fineout
—
Deed Of Trust
related
$71,700 · Homecomings Financial Network
—
—
2080 Hamilton LLC
—
Loan Modification
related
$50,000 · Michigan St Univ FCU
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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