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Property profile & analytics
OFF-MARKET
Estimated value
$32,225,000
Office buildings
2550 Sandhill Rd Mason, MI 48854-8400
Entity Owned
Absentee Owner
Free & Clear
Property ID
US43-3544940
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Total area
251,183 SF
Lot
80.28 ac (3,496,997 SF)
APN
33-01-06-05-401-021
UPID
US43-3544940
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
-
Jackson National Life Financial Advisor Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$34.77M
Comparable Approach
Comparable
$29.41M
Blend (final)
Blend
$32.23M
Owner & transaction history
JACKSON NATL INS CO
JACKSON NATL INS CO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$31.0M
+32.1%
Restaurant
$29.3M
+25.0%
Commercial (general)
$28.7M
+22.4%
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 Mason submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mason 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%
$37,665,000
6.5%
$34,770,000
7%
$32,285,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$23,440,000
Current use
MEDICAL BUILDING
$30,960,000
Change: +32% · Conversion: Easy
RESTAURANT
$29,285,000
Change: +25% · Conversion: Moderate
COMMERCIAL (GENERAL)
$28,695,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$25,275,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$19,925,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$32.23M
Range $29.00M – $35.45M · ±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
$128 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$709,381
Tax year 2020
Assessed value
$19,449,400
Assessed 2023
Previous assessed
$17,587,100
+10.6% YoY
Effective rate
3.65%
On assessed value
Assessed land
$1,049,100
Assessed improvement
$18,400,300
Land market value
$2,098,200
Improvement market value
$36,800,600
Total market value
$38,898,800
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
2015
Heating
HOT WATER
Stories
4
Total area
251,183 SF
Lot
80.28 ac (3,496,997 SF)
APN
33-01-06-05-401-021
UPID
US43-3544940
Jurisdiction
INGHAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$23.4M
MEDICAL BUILDING
Est. value
$31.0M
RESTAURANT
Est. value
$29.3M
COMMERCIAL (GENERAL)
Est. value
$28.7M
AUTO REPAIR, GARAGE
Est. value
$25.3M
RETAIL STORES
Est. value
$19.9M
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2015
Heating
HOT WATER
Stories
4
Lot
80.28 ac
Current owner
From public records · entity-resolved
JACKSON NATL INS CO
Individual
Free & Clear · 0 yrs held
Mailing address
1 CORPORATE WAY, LANSING, MI 48951-1001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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