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Property profile & analytics
OFF-MARKET
Commercial real estate
2123 Ctr Rd Burton, MI 48519-1153
Entity Owned
20-yr Hold
Free & Clear
Property ID
US43-0044875
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.27 ac (98,881 SF)
Zoning code
RO
APN
59-22-100-045
UPID
US43-0044875
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
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
Cannon Holdings LLC · 20 yrs held
Cannon Holdings LLC
since 2005
4 recorded transactions
Zoning & alternative use
RO · Burton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Restricted Office
General category
UNKNOWN
Zone area
460.62 ac
Source
Realmo
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 Burton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burton 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 2021Property tax & assessments
Tax year 2021
Tax billed
$27,382
Tax year 2021
Assessed value
$520,100
Assessed 2023
Previous assessed
$462,000
+12.6% YoY
Effective rate
5.26%
On assessed value
Total market value
$1,040,200
Applied tax rate
59.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
2.27 ac (98,881 SF)
Zoning code
RO
APN
59-22-100-045
UPID
US43-0044875
Jurisdiction
GENESEE
Zoning & alternative use
RO · Burton, MIZoning RO · permitted uses
RO · Burton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Restricted Office
General category
UNKNOWN
Zone area
460.62 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
2.27 ac
Current owner
From public records · entity-resolved
Cannon Holdings LLC
Entity
Free & Clear · 20 yrs held
Mailing address
2129 LODGEPOLE CT, GRAND BLANC, MI 48439-7313
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2005
—
Cannon Holdings LLC
Jhohman LLC
Quit Claim Deed
related
—
Dec 13, 2004
—
Jhohman LLC
Can-jac Ents
Warranty Deed
related
—
Oct 1, 2004
$157,560
Jhohman LLC
Yager Trust
Warranty Deed
—
—
—
Can-jac Ents INC
—
Deed Of Trust
related
$250,000 · Jodi Hohman
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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