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Property profile & analytics
OFF-MARKET
Medical Office Space
2532 Spg Arbor Rd Jackson, MI 49203-3663
Entity Owned
2-yr Hold
Free & Clear
Property ID
US43-0913307
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1960
Total area
2,862 SF
Lot
1.2 ac (52,272 SF)
Zoning code
O-1
APN
000-13-08-226-009-00
UPID
US43-0913307
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
-
Creative Ceramics Inc Dental Office
-
Cooper Power Systems Inc Building Supply Electrical Service
-
Richard Carpenter DDS Dental Office
-
The Dental Experience/Spring Arbor Dental Dental Office
-
Dr. Amanda Akasheh Dental Office
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
Messenger Properties LLC · 2 yrs held
Messenger Properties LLC
since 2023
Last sale
$340,000
7 recorded transactions
Zoning & alternative use
O-1 · Jackson, 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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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 2020Property tax & assessments
Tax year 2020
Tax billed
$9,750
Tax year 2020
Assessed value
$180,500
Assessed 2023
Previous assessed
$180,600
-0.1% YoY
Effective rate
5.40%
On assessed value
Total market value
$361,000
Applied tax rate
17.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
2,862 SF
Lot
1.2 ac (52,272 SF)
Zoning code
O-1
APN
000-13-08-226-009-00
UPID
US43-0913307
Jurisdiction
JACKSON
Zoning & alternative use
O-1 · Jackson, MI
Zoning O-1 · permitted uses
O-1 · Jackson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
Messenger Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1505 WATERFORD PKWY, SAINT JOHNS, MI 48879-9630
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2023
—
Messenger Properties LLC
Brad Messenger
Intrafamily Transfer
related
—
Nov 7, 2022
$340,000
Brad Messenger
2532 Spring Arbor Rd LLC
Warranty Deed
—
May 3, 2022
—
2532 Sprig Arbor Rd LLC
—
Deed
related
$301,760 · Chelsea State Bank
Jun 3, 2016
$250,000
2532 Spring Arbor Rd LLC
Richard L Carpenter
Warranty Deed
$249,900 · Firstmerit Bank NA
May 9, 2014
—
Carpenter,richard L Trust|carpenter,linda L Trust
Carpenter,richard L & Linda L
Quit Claim Deed
related
—
Apr 23, 2014
—
Carpenter,richard L Trust|carpenter,linda L Trust
Carpenter,linda L & Richard L
Quit Claim Deed
related
—
Dec 2, 2013
$320,000
Richard L Carpenter
Bentley Jack P Trust
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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