Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,155,000
Commercial real estate
2820 Burkhart Rd Howell, MI 48855-8607
Entity Owned
~
Est. High Equity
Property ID
US43-2596494
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
34,000 SF
Lot
20.15 ac (877,734 SF)
Zoning code
MFR
APN
06-21-100-020
UPID
US43-2596494
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
-
Quality Care of Howell Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.15M
Blend (final)
Blend
$3.16M
Owner & transaction history
Ghraib Real Estate Holdings 2 LLC
Ghraib Real Estate Holdings 2 LLC
since 2026
7 recorded transactions
Zoning & alternative use
MFR · Howell, 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 Howell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Howell 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.16M
Range $2.84M – $3.47M · ±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
$93 / 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
$75,579
Tax year 2021
Assessed value
$1,827,454
Assessed 2023
Previous assessed
$1,821,159
+0.3% YoY
Effective rate
4.14%
On assessed value
Total market value
$3,654,908
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
Year built
2016
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
34,000 SF
Lot
20.15 ac (877,734 SF)
Zoning code
MFR
APN
06-21-100-020
UPID
US43-2596494
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
MFR · Howell, MI
Zoning MFR · permitted uses
MFR · Howell, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Howell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
20.15 ac
Current owner
From public records · entity-resolved
Ghraib Real Estate Holdings 2 LLC
Entity
Mailing address
2820 N BURKHART RD, HOWELL, MI 48855-8607
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2026
—
Ghraib Real Estate Holdings 2 LLC
Ghraib Real Estate Holdings LLC
Quitclaim Deed
related
—
Jun 9, 2025
—
Ghraib Real Estate Holdings 2 LLC
Ghraib Real Estate Holdings LLC
Quitclaim Deed
related
—
Mar 21, 2019
—
Ghraib R & E Hldgs LLC
Fsg Quality Living LLC
Quit Claim Deed
related
$4,835,000 · Mbank
Nov 29, 2018
—
Fsg Quality Living LLC
—
Deed
related
$2,700,000 · Mbank
Nov 5, 2015
—
Howell Township
Johnson,evan & Janet H
Quit Claim Deed
related
—
Nov 5, 2015
$95,000
Fsg Quality Living LLC
Howell Township
Quit Claim Deed
related
$1,700,000 · Chemical Bk
Nov 4, 2015
—
Howell Township
Mcglone Mtg Co INC
Quit Claim Deed
related
—
Jul 13, 2011
—
Livingston County Treasurer
Kaplan,daniel
Tax Deed
related
—
Jun 10, 1999
$40,000
Daniel Kaplan
Gerald D Lingle Estate
Grant Deed
$25,000 · Ann Arbor Commerce Bank
—
—
Fsg Quality Living LLC
—
Deed Of Trust
related
$2,700,000 · Mbank
—
—
Daniel M Kaplan
—
Deed Of Trust
related
$125,000 · Ann Arbor Commerce Bank
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?”
You own 2820 Burkhart Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
