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Property profile & analytics
OFF-MARKET
Estimated value
$11,750,000
Industrial properties
3705 Grand Riv Ave Howell, MI 48855-8792
Entity Owned
14-yr Hold
Free & Clear
Property ID
US43-2733607
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
321,167 SF
Lot
27.01 ac (1,176,556 SF)
Zoning code
IFZ
APN
06-28-100-065
UPID
US43-2733607
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
-
Intier Automotive Atrium Auto Repair Shop
-
Antolin Howell Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.75M
Blend (final)
Blend
$11.75M
Owner & transaction history
Grand Atoma Associates LLC · 14 yrs held
Grand Atoma Associates LLC
since 2011
7 recorded transactions
Zoning & alternative use
IFZ · 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$19,505,000
Current use
Blend value · Realmo final
$11.75M
Range $10.58M – $12.93M · ±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
$37 / 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
$167,414
Tax year 2021
Assessed value
$5,642,071
Assessed 2023
Previous assessed
$5,307,965
+6.3% YoY
Effective rate
2.97%
On assessed value
Total market value
$11,284,142
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
321,167 SF
Lot
27.01 ac (1,176,556 SF)
Zoning code
IFZ
APN
06-28-100-065
UPID
US43-2733607
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
IFZ · Howell, MI
Zoning IFZ · permitted uses
IFZ · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$19.5M
INDUSTRIAL (GENERAL) Current
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
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
27.01 ac
Current owner
From public records · entity-resolved
Grand Atoma Associates LLC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 159, GAYLORD, MI 49734-0159
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2018
—
Grand Atoma Associates LLC
—
Deed
related
$400,000 · Bank Of Ann Arbor
Oct 4, 2016
—
Grand Atoma Associates LLC
—
Deed
related
$12,000,000 · Bank Of Ann Arbor
Aug 10, 2015
—
Grand Atoma Associates LLC
—
Trustees Deed
related
$11,999,900 · Bank Of Ann Arbor
Nov 17, 2011
—
Grand Atoma Associates LLC
Grand Atoma Associates
Quit Claim Deed
related
—
—
—
Grand Atoma Associates LLC
—
Loan Modification
related
$50,000 · Bank Of Ann Arbor
—
—
Grand Atoma Associates LLC
—
Deed Of Trust
related
$1,000,000 · Bank Of Ann Arbor
—
—
Grand Atoma Associates LLC
—
Loan Modification
related
$12,000,000 · Bank Of Ann Arbor
—
—
Grand Atoma Associates LLC
—
Deed Of Trust
related
$400,000 · Bank Of Ann Arbor
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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