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Property profile & analytics
OFF-MARKET
Bowling alleys
2430 Grange Hall Rd Fenton, MI 48430-1634
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0998402
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1959
Total area
24,676 SF
Lot
10.13 ac (441,263 SF)
Zoning code
C2
APN
I -01-29-427-003
UPID
US43-0998402
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
-
Holly Lanes Bowling Alley
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
Ad Investments LLC · 13 yrs held
Ad Investments LLC
since 2012
7 recorded transactions
Zoning & alternative use
C2 · Fenton, 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 Fenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fenton 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,478
Tax year 2023
Assessed value
$309,640
Assessed 2024
Previous assessed
$294,560
+5.1% YoY
Effective rate
3.06%
On assessed value
Total market value
$619,280
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1959
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
24,676 SF
Lot
10.13 ac (441,263 SF)
Zoning code
C2
APN
I -01-29-427-003
UPID
US43-0998402
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C2 · Fenton, MI
Zoning C2 · permitted uses
C2 · Fenton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fenton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
10.13 ac
Current owner
From public records · entity-resolved
Ad Investments LLC
Entity
Mailing address
1444 SAND PIPER DR, GRAND BLANC, MI 48439-7244
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Sep 21, 2022
—
Ad Investments LLC
—
Deed
related
$245,000 · Elga Credit Union
Nov 30, 2012
$140,000
Ad Investments LLC
Bogedin Bernice F Trust
Warranty Deed
$150,000 · State Bank
Nov 10, 2011
—
Holly Lanes Properties LLC
Bogedin B F Living Trust
Quit Claim Deed
related
—
Dec 26, 2003
—
Dallas O Miles
Miles,dallas O
Quit Claim Deed
related
—
—
—
Ad Investments LLC
—
Loan Modification
related
$182,000 · State Bank
—
—
Holly Lanes INC
—
Deed Of Trust
related
$375,000 · Bogedin Trust
—
—
Ad Investments LLC
—
Loan Modification
related
$400,000 · State Bk
—
—
Holly Lanes INC
—
Deed Of Trust
related
$290,000 · N B D Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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