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Property profile & analytics
FOR SALE
Office buildings
307 Huron St Grayling, MI 49738
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-3010485
For Sale
1 / 27
$195,000
307 Huron St, Grayling, MI 49738
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
1,056 SF
Lot
0.18 ac (7,920 SF)
Zoning code
C-1
APN
070-132-001-001-01
UPID
US43-3010485
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
-
Edward Jones - Financial Advisor: Marc P Haring, CEPA® Financial Advisor
-
Michigan Mutual, Inc. formerly known as First Preferred Loan Service Bank
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
Volant Holdings LLC · 3 yrs held
Volant Holdings LLC
since 2022
Last sale
$185,000
3 recorded transactions
Zoning & alternative use
C-1 · Grayling, 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 Grayling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grayling 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
$3,589
Tax year 2023
Assessed value
$80,600
Assessed 2024
Previous assessed
$57,500
+40.2% YoY
Effective rate
4.45%
On assessed value
Assessed land
$8,100
Assessed improvement
$72,500
Land market value
$16,200
Improvement market value
$145,000
Total market value
$161,200
Applied tax rate
70.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1971
Heating
FORCED AIR
Stories
1
Total area
1,056 SF
Lot
0.18 ac (7,920 SF)
Zoning code
C-1
APN
070-132-001-001-01
UPID
US43-3010485
Jurisdiction
CRAWFORD
Zoning & alternative use
C-1 · Grayling, MI
Zoning C-1 · permitted uses
C-1 · Grayling, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grayling. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Volant Holdings LLC
Entity
Mailing address
364 GODSWAY, TRAVERSE CITY, MI 49696-8536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2022
$185,000
Volant Holdings LLC
Michael Family Trust
Warranty Deed
$138,750 · First Community Bank
Nov 14, 2022
—
Volant Holdings LLC
—
Deed
related
$138,750 · First Community Bank
Jun 11, 2020
—
Michael Paulh
Mn Holdings Ltd
Quit Claim Deed
related
—
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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