Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4147 Keller Rd Holt, MI 48842-1253
    Back to Search
    Property profile & analytics

    4147 Keller Rd Holt, MI 48842-1253

    View on Map
    • Warehouses
    • 219,877 SF
    • 21.97 lot acres
    Off-Market
    Last Sale Jan 5, 2026
    $14,560,000
    Property ID
    US43-0018361
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $11,430,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dakkota Keller / Professional Services

    Property Details for 4147 Keller Rd

    Year built
    1974
    Lot size
    21.97 lot acres
    Property size
    219,877 SF
    Zone code
    IM
    Property type
    Warehouses
    APN
    33-25-05-14-401-002
    APU
    33250514401002

    Description

    This exceptional industrial property in Ingham County offers 219,877 square feet of space, with 62,524 square feet currently available for lease. The single-story building, constructed in 1974, features a desirable multi-tenant configuration, comprising four contiguous warehouse spaces. The property boasts impressive ceiling clearances ranging from 18 to 22 feet, providing ample vertical space for various operations. Efficient loading and unloading are facilitated by six loading docks equipped with electric doors and levelers, complemented by one 14-foot grade-level door. The facility is equipped with forced air and radiant heating systems, ensuring a comfortable working environment year-round. Power is supplied by a robust 3-phase, 480-volt system. The warehouse features durable 6- to 8-inch concrete floors, capable of supporting heavy machinery and equipment. A substantial parking area is available for employees and visitors, and the expansive 21.97-acre lot offers potential for outdoor storage. The property is zoned IM and presents a significant opportunity for businesses seeking a well-maintained, functional industrial space in a strategic location. The building's clean condition and versatile layout make it suitable for a variety of industrial uses, including warehousing, manufacturing, and distribution.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,548,000
      Market price range: $7.55M - $22.6M
      AI Estimate
      $7,660,000
      Market price range: $7.66M - $22.6M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $14,400,000
      Current use
      RETAIL STORES
      $17,440,000
      Change: +21% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $14,110,000
      Change: -2% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Holt
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5103
    Latitude
    42.6464
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $92,416
    $137,500
    $1,211,400
    $1,348,900
    -
    $275,000
    $2,422,800
    $2,697,800

    Comparable in this City

    • Value Estimation by Request
      9,235 SF

      4025 Holt Rd Parcel E

      WAREHOUSE, STORAGE • 9,235 SF
      4025 Holt Rd Parcel E, Holt, MI 48842
      View Details
    • Value Estimation
      $1,475,000
      50,000 SF

      1845 Cedar St

      WAREHOUSE, STORAGE • 50,000 SF
      1845 Cedar St, Holt, MI 48842-1757
      View Details
    • Value Estimation
      $700,000
      6,161 SF

      2452 Cedar St

      WAREHOUSE, STORAGE • 6,161 SF
      2452 Cedar St, Holt, MI 48842-2104
      View Details
    • Value Estimation
      $1,590,000
      15,302 SF

      1847 Cedar St

      WAREHOUSE, STORAGE • 15,302 SF
      1847 Cedar St, Holt, MI 48842
      View Details
    • Value Estimation by Request
      3,200 SF

      2070 Depot St

      WAREHOUSE, STORAGE • 3,200 SF
      2070 Depot St, Holt, MI 48842-1814
      View Details
    • Value Estimation by Request
      4,080 SF

      3982 Holt Rd

      WAREHOUSE, STORAGE • 4,080 SF
      3982 Holt Rd, Holt, MI 48842-9701
      View Details

    Similar Nearby for Sale

    • $1,390,000
      11,700 SF

      Office and Warehouse on 2.45 Acres

      Office and warehouse on 2.45 acres in Delhi Charter Township.
      1798 Holloway Dr, Holt, MI 48842
      View Details
    • $179,900
      1,001 SF

      4415 Holt Rd, Holt, MI 48842

      Commercial real estate • 1,001 SF
      4415 Holt Rd, Holt, MI 48842
      View Details
    • $229,900
      2,535 SF

      Mixed-Use Building with Income Potential

      Commercial building with multiple lease spaces and residential apartment.
      2132 Cedar St, Holt, MI 48842
      View Details
    • $159,000
      Pending

      Holt, MI Land For Sale

      20 acre land parcel available in Holt, Michigan.
      Vl Harper Rd, Holt, MI 48842
      View Details
    • $49,900

      Holt Industrial Land Opportunity

      1.26-acre industrial land parcel in Holt, Michigan.
      Cedar St, Holt, MI 48842
      View Details

    Similar Nearby for Lease

    • $750 /Mo
      775 SF

      Affordable Office Suite For Rent

      775 sq ft office suite available for $750/month.
      3929 Holt Rd, Holt, MI 48842
      View Details
    • $15 SF/Yr

      Modern Office Space in Holt

      State-of-the-art office space with excellent visibility and accessibility.
      2101 North Aurelius Rd, Holt, MI 48842
      View Details
    • Contact for pricing

      Office/Medical Suites for Lease

      Office and medical suites available for lease in Delhi Township.
      2450 Delhi Commerce Dr, Holt, MI 48842
      View Details
    • Contact for pricing

      Holt Restaurant Opportunity with Drive-Thru

      Turn-key restaurant space with drive-thru in high-traffic location.
      2350 Cedar St, Holt, MI 48842
      View Details
    • Contact for pricing

      Established Retail Center in Holt

      Neighborhood retail center with high traffic and excellent visibility.
      2040 N Aurelius Rd, Holt, MI 48842
      View Details
    • Contact for pricing

      Retail Center at Cedar & Willoughby

      125,000 SF retail center in a high-traffic location.
      2495 Cedar St, Holt, MI 48842
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4147 Keller Rd
    Holt, MI 48842-1253
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4147 Keller Rd, Holt, MI, 48842
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!