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Property profile & analytics
OFF-MARKET
Office buildings
4061 Holt Rd, Holt, MI 48842-6022
Individually Owned
2-yr Hold
Free & Clear
Property ID
US43-1446454
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
3,260 SF
Lot
0.35 ac (15,246 SF)
Zoning code
R-1D
APN
33-25-05-23-226-004
UPID
US43-1446454
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
-
Outsource2Go Business Management Consultant
-
Capital City Janitorial Lansing General Contractor
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
Shannon L Grimes · 2 yrs held
Shannon L Grimes
since 2024
Last sale
$149,500
5 recorded transactions
Zoning & alternative use
R-1D · Holt, 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 Holt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holt 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
$7,007
Tax year 2022
Assessed value
$118,200
Assessed 2023
Previous assessed
$118,200
+0.0% YoY
Effective rate
5.93%
On assessed value
Assessed land
$12,600
Assessed improvement
$105,600
Land market value
$25,200
Improvement market value
$211,200
Total market value
$236,400
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
1986
Heating
YES
Stories
2
Total area
3,260 SF
Lot
0.35 ac (15,246 SF)
Zoning code
R-1D
APN
33-25-05-23-226-004
UPID
US43-1446454
Jurisdiction
INGHAM
Zoning & alternative use
R-1D · Holt, MI
Zoning R-1D · permitted uses
R-1D · Holt, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holt. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
YES
Stories
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Shannon L Grimes
Individual
Free & Clear · 2 yrs held
Mailing address
6439 E IS LK DR, EAST LANSING, MI 48823-9715
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2024
—
Shannon L Grimes
Shannon Grimes
Intrafamily Transfer
related
—
Jan 19, 2022
—
Lenny Grimes
—
Deed
related
$22,636 · Flagstar Bank Fsb
Jan 4, 2019
—
Capital Town Investments LLC
Grimes,lenny & Shannon
Quit Claim Deed
related
—
Feb 13, 2018
$149,500
Lenny Grimes
James And Shirley Mcgee Trust
Warranty Deed
$1,467,941 · United Wholesale Mortgage
Jun 25, 2004
—
Mcgee,james & Shirley A Trust
Mcgee,james R & Shirley A
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.
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