New search
Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Office buildings
3424 Corwin Rd, Williamston, MI 48895-9711
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US43-1221712
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
8,764 SF
Lot
6.86 ac (298,822 SF)
Zoning code
I-1
APN
33-03-07-02-101-004
UPID
US43-1221712
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
-
Earthcom Inc. Telecommunications Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$445k
Blend (final)
Blend
$685k
Owner & transaction history
3424 Corwin Road LLC · 8 yrs held
3424 Corwin Road LLC
since 2017
4 recorded transactions
Zoning & alternative use
I-1 · Williamston, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+32.1%
Restaurant
$1.0M
+25.0%
Commercial (general)
$1.0M
+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 Williamston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamston 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$820,000
Current use
MEDICAL BUILDING
$1,080,000
Change: +32% · Conversion: Easy
RESTAURANT
$1,020,000
Change: +25% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,000,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$880,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$695,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$78 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,644
Tax year 2022
Assessed value
$281,800
Assessed 2023
Previous assessed
$297,900
-5.4% YoY
Effective rate
3.78%
On assessed value
Assessed land
$65,100
Assessed improvement
$216,700
Land market value
$130,200
Improvement market value
$433,400
Total market value
$563,600
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
1960
Heating
YES
Buildings
3
Stories
2
Total area
8,764 SF
Lot
6.86 ac (298,822 SF)
Zoning code
I-1
APN
33-03-07-02-101-004
UPID
US43-1221712
Jurisdiction
INGHAM
Zoning & alternative use
I-1 · Williamston, MI
Zoning I-1 · permitted uses
I-1 · Williamston, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$820,000
MEDICAL BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$880,000
RETAIL STORES
Est. value
$695,000
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
1960
Heating
YES
Stories
2
Buildings
3
Lot
6.86 ac
Current owner
From public records · entity-resolved
3424 Corwin Road LLC
Entity
Mailing address
3424 CORWIN RD, WILLIAMSTON, MI 48895-9711
Ownership since
2017
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
Sep 18, 2017
—
3424 Corwin Road LLC
—
Deed
related
$700,000 · The Huntington National Bank
Jul 24, 2017
—
3424 Corwin Road LLC
Earthcom INC
Quit Claim Deed
related
—
Jan 2, 2013
$300,000
Earthcom INC
Midwest Bridge Co
Warranty Deed
—
Oct 21, 2010
$22,530
Cardinal Fabricating INC
Midwest Bridge Co
Warranty 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.
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 3424 Corwin 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.
