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Property profile & analytics
OFF-MARKET
Warehouses
406 Main St, Stockbridge, MI 49285-9719
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US43-4768751
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Total area
15,418 SF
Lot
2.78 ac (121,140 SF)
APN
33-42-16-27-226-017
UPID
US43-4768751
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
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
Avianna Self Storage LLC · 7 yrs held
Avianna Self Storage LLC
since 2019
6 recorded transactions
Zoning & alternative use
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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,550
Tax year 2022
Assessed value
$171,500
Assessed 2023
Previous assessed
$160,200
+7.1% YoY
Effective rate
3.82%
On assessed value
Assessed land
$55,200
Assessed improvement
$116,300
Land market value
$110,400
Improvement market value
$232,600
Total market value
$343,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Heating
YES
Stories
1
Total area
15,418 SF
Lot
2.78 ac (121,140 SF)
APN
33-42-16-27-226-017
UPID
US43-4768751
Jurisdiction
INGHAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Heating
YES
Stories
1
Lot
2.78 ac
Current owner
From public records · entity-resolved
Avianna Self Storage LLC
Entity
Mailing address
PO BOX 755, STOCKBRIDGE, MI 49285-0755
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2019
$85,000
Avianna Self Storage LLC
Anchor Real Estate Holdings Co
Warranty Deed
—
Oct 28, 2015
—
Anchor Real Estate Holdings Co
Capitol Natl Bk
Warranty Deed
—
Nov 26, 2012
$50,000
Anchor R/e Holdings Convalcare
Cbl Real Estate Holdings LLC
Quit Claim Deed
related
—
Nov 19, 2008
—
Cbl Real Estate Holdings LLC
Capitol Natl Bk
Quit Claim Deed
related
—
May 9, 2008
$350,000
Capitol National Bank
Sheriff Of Ingham County
Trustees Deed
related
—
—
—
Anchor Real Estate Holdings
—
Deed Of Trust
related
$960,000 · Access Bidco LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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