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Property profile & analytics
OFF-MARKET
Commercial real estate
300 5th Ave, Ann Arbor, MI 48104-5504
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US43-0993996
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1983
Lot
0.5 ac (21,780 SF)
Zoning code
PUD
APN
09-09-29-116-026
UPID
US43-0993996
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
-
Barbara L. Gamble Physician Medical Clinic
-
Renaissance Financial Group Bank Credit Union
-
Harshe Law PLLC Law Firm
-
North American Power Systems Sustainability Organization
-
Judith Ashin, LMSW Service Establishment Psychotherapist
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
Cameron Holdings-kerrytown LLC · 12 yrs held
Cameron Holdings-kerrytown LLC
since 2013
4 recorded transactions
Zoning & alternative use
PUD · Ann Arbor, 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 Ann Arbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ann Arbor 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
$101,980
Tax year 2023
Assessed value
$2,438,700
Assessed 2024
Previous assessed
$2,377,100
+2.6% YoY
Effective rate
4.18%
On assessed value
Total market value
$4,877,400
Applied tax rate
9.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Lot
0.5 ac (21,780 SF)
Zoning code
PUD
APN
09-09-29-116-026
UPID
US43-0993996
Jurisdiction
WASHTENAW
Zoning & alternative use
PUD · Ann Arbor, MI
Zoning PUD · permitted uses
PUD · Ann Arbor, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ann Arbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
FORCED AIR
Lot
0.5 ac
Current owner
From public records · entity-resolved
Cameron Holdings-kerrytown LLC
Entity
Mailing address
300 N 5TH AVE STE #100, ANN ARBOR, MI 48104-1467
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2022
—
Cameron Holdings Kerrytown LLC
—
Deed
related
$250,000 · Northstar Bank
Oct 8, 2013
—
Cameron Holdings-kerrytown LLC
300 North Fifth LLC
Warranty Deed
$1,750,000 · Northstar Bank
Feb 8, 2012
—
300 North Fifth LLC
Tmg Brauer LLC
Warranty Deed
$1,575,000 · Charter One
Apr 26, 2007
—
Tmg Brauer LLC
Carl A Brauer JR
Warranty Deed
$3,150,000 · Barclays Capital Real Estate INC
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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