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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Distribution centers
2325 Jarco Dr 4, Holt, MI 48842-1209
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-0091286
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1995
Total area
45,000 SF
Lot
3.2 ac (139,392 SF)
Zoning code
IP
APN
33-25-05-14-251-011
UPID
US43-0091286
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
-
Green Cell Foam Industrial Manufacturer Factory
-
Thunder Bay Press Publishing House
-
TemperPack Industrial Manufacturer Factory
-
Ann Meyers Drysdale Family Recreation Center
-
Partners Book Distributors (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.80M
Owner & transaction history
Rd Holt LLC · 3 yrs held
Rd Holt LLC
since 2023
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
IP · Holt, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+53.7%
Office building
$4.2M
+42.5%
Retail stores
$3.6M
+21.1%
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 Holt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holt 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
$3,835,000
ML approach
$3,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,945,000
Current use
AUTO REPAIR, GARAGE
$4,530,000
Change: +54% · Conversion: Easy
OFFICE BUILDING
$4,200,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$3,570,000
Change: +21% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,890,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.71M (Jul 5 2023)
Last sale anchor
$2.71M
Jul 5 2023
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
$62 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$49,336
Tax year 2021
Assessed value
$1,000,700
Assessed 2024
Previous assessed
$943,400
+6.1% YoY
Effective rate
4.93%
On assessed value
Assessed land
$132,400
Assessed improvement
$868,300
Land market value
$264,800
Improvement market value
$1,736,600
Total market value
$2,001,400
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1995
Heating
SPACE
Stories
1
Total area
45,000 SF
Lot
3.2 ac (139,392 SF)
Zoning code
IP
APN
33-25-05-14-251-011
UPID
US43-0091286
Jurisdiction
INGHAM
Zoning & alternative use
IP · Holt, MI
Zoning IP · permitted uses
IP · Holt, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holt. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.2M
RETAIL STORES
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1995
Heating
SPACE
Stories
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
Rd Holt LLC
Entity
Mailing address
418 CLIFTON AVE STE #200, LAKEWOOD, NJ 08701-3749
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2023
$2,712,500
Rd Holt LLC
Djv Properties LLC
Warranty Deed
—
Jul 5, 2023
—
Rd Holt LLC
Djv Properties LLC
Assignment Of Lease (leasehold Sale)
—
Aug 20, 2019
—
Djv Properties LLC
—
Deed
related
$100,000 · Horizon Bank
Sep 4, 2018
—
Wanda LLC
—
Deed
related
$850,000 · Commercial Bk
Apr 11, 2017
—
Djv Properties LLC
—
Deed
related
—
Mar 24, 2017
—
Djv Properties LLC
—
Deed
related
$850,000 · Commercial Bank
Feb 16, 2017
$1,550,000
Djv Properties LLC
Jarco Drive LLC
Warranty Deed
$650,000 · Commercial Bank
—
—
Djv Properties LLC
—
Loan Modification
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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