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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office buildings
209 Main St, Almont, MI 48003-1069
Individually Owned
Absentee Owner
Free & Clear
Property ID
US43-4373255
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
7,783 SF
Lot
0.46 ac (20,081 SF)
Zoning code
C1
APN
041-475-006-00
UPID
US43-4373255
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
-
Law Offices of Steve Schneider & Associates, PLC Law Firm
-
Robert Lane Physician
-
THE RA PRO, LLC Business Service Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$501k
Blend (final)
Blend
$500k
Owner & transaction history
Village Of Almont
Village Of Almont
since 2025
7 recorded transactions
Zoning & alternative use
C1 · Almont, 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 Almont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Almont 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$64 / 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
$2,184
Tax year 2023
Assessed value
$58,100
Assessed 2024
Previous assessed
$58,100
+0.0% YoY
Effective rate
3.76%
On assessed value
Total market value
$116,200
Applied tax rate
41.0000
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
1970
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
7,783 SF
Lot
0.46 ac (20,081 SF)
Zoning code
C1
APN
041-475-006-00
UPID
US43-4373255
Jurisdiction
LAPEER
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C1 · Almont, MI
Zoning C1 · permitted uses
C1 · Almont, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Almont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Village Of Almont
Individual
Free & Clear · 0 yrs held
Mailing address
3671 E 12TH RD, WARREN, MI 48092
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
$100,000
Village Of Almont
Business Entrepreneurs LLC
Warranty Deed
—
Oct 24, 2023
—
Leonardo Dewald LLC
Business Entrepreneurs LLC
Warranty Deed
—
Jan 30, 2019
—
Business Entrepreneurs LLC
Lane Robert E Living Trust
Quitclaim Deed
related
—
Sep 4, 2018
$94,881
Lane Robert E 1 Living Trust No
Lakestone B & T
Grant Deed
—
Aug 13, 2018
$94,881
Business Entrepreneurs LLC
Lane Robert E Living Trust
Warranty Deed
—
Aug 2, 2018
—
Lane,robert E Living Trust
Lane Professional Building LLC
Quit Claim Deed
related
—
Jul 11, 2018
—
Dalya Dawood
Jobie Properties LLC
Quitclaim Deed
related
—
Jul 11, 2018
$145,000
Business Entrepreneurs LLC
Dawood,dala
Warranty Deed
—
Feb 28, 2018
$5,000
Dalya Dawood
Henderson Pharmancy Of Almon
Warranty Deed
—
Feb 20, 2018
$92,404
Lakestone Bk & Trust
Sheriff Of Lapeer County|lane Swayze Clinic PC
Trustees Deed
related
—
Apr 11, 2017
$592
Henderson Pharmacy Of Almont
Lapeer C T
Grant Deed
related
—
Jan 27, 2017
$4,000
No Robert E L L I Trust
Lane Robert E Living Trrt
Quit Claim Deed
related
—
Jan 27, 2017
—
Lane,robert E Living Trust
Lane Robert E Living Trrt
Quit Claim Deed
related
—
Jun 1, 2012
—
Lane Professional Building LLC
Lane Swayze Clinic PC
Quit Claim Deed
related
—
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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