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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Medical Office Space
4315 5th Oaks Dr 4 Lansing, MI 48911-4214
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-1682696
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1999
Total area
4,025 SF
Lot
1.24 ac (54,232 SF)
Zoning code
C-3
APN
33-25-05-02-127-009
UPID
US43-1682696
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
-
William J. Hidlay, DDS Dental Office
-
Beyond Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$655k
Comparable Approach
Comparable
$464k
Blend (final)
Blend
$705k
Owner & transaction history
Han Holdings LLC · 2 yrs held
Han Holdings LLC
since 2023
Last sale
$725,000
5 recorded transactions
Zoning & alternative use
C-3 · Lansing, 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 Lansing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansing 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
$680,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$710,000
6.5%
$655,000
7%
$610,000
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $725k (Sep 21 2023)
Last sale anchor
$725k
Sep 21 2023
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
$175 / 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
$20,472
Tax year 2022
Assessed value
$357,100
Assessed 2023
Previous assessed
$357,100
+0.0% YoY
Effective rate
5.73%
On assessed value
Assessed land
$88,200
Assessed improvement
$268,900
Land market value
$176,400
Improvement market value
$537,800
Total market value
$714,200
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1999
Heating
YES
Stories
1
Total area
4,025 SF
Lot
1.24 ac (54,232 SF)
Zoning code
C-3
APN
33-25-05-02-127-009
UPID
US43-1682696
Jurisdiction
INGHAM
Zoning & alternative use
C-3 · Lansing, MI
Zoning C-3 · permitted uses
C-3 · Lansing, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lansing. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
YES
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Han Holdings LLC
Entity
Mailing address
5933 SALABELLE ST, JACKSON, MI 49201-8343
Ownership since
2023
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
Sep 21, 2023
$725,000
Han Holdings LLC
Hidlay Dds LLC
Warranty Deed
$725,000 · Bank Of America NA
Apr 18, 2016
—
Hidlay Dds LLC
William J Hidlay
Quit Claim Deed
related
$355,000 · Michigan State University FCU
Feb 1, 2016
—
Hidlay Dds LLC
Hidlay,william J
Quit Claim Deed
related
—
Jul 17, 2007
—
William J Hidlay
Hidlay,marianne S
Quit Claim Deed
related
—
—
—
William J Hidlay
—
Deed Of Trust
related
$312,154 · Fifth Third Bank
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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