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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
4509 Willoughby Rd, Holt, MI 48842-2185
Entity Owned
8-yr Hold
Free & Clear
Property ID
US43-2347451
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2011
Total area
3,110 SF
Lot
0.95 ac (41,295 SF)
Zoning code
C-2
APN
33-25-05-15-226-016
UPID
US43-2347451
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
-
RAMS CORNER STORE (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
LibertyX Bitcoin ATM Atm
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
4509 Property LLC · 8 yrs held
4509 Property LLC
since 2018
6 recorded transactions
Zoning & alternative use
C-2 · 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
$13,399
Tax year 2022
Assessed value
$213,300
Assessed 2023
Previous assessed
$193,900
+10.0% YoY
Effective rate
6.28%
On assessed value
Assessed land
$43,400
Assessed improvement
$169,900
Land market value
$86,800
Improvement market value
$339,800
Total market value
$426,600
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2011
Heating
YES
Stories
1
Total area
3,110 SF
Lot
0.95 ac (41,295 SF)
Zoning code
C-2
APN
33-25-05-15-226-016
UPID
US43-2347451
Jurisdiction
INGHAM
Zoning & alternative use
C-2 · Holt, MI
Zoning C-2 · permitted uses
C-2 · 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
2011
Heating
YES
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
4509 Property LLC
Entity
Free & Clear · 8 yrs held
Mailing address
910 DURANGO, LANSING, MI 48917-4050
Ownership since
2018
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
Jun 11, 2018
—
4509 Property LLC
Gedeon Dev LLC
Quit Claim Deed
—
Aug 29, 2011
$99,000
Gedeon Development LLC
Sabbah,fatima
Warranty Deed
$179,000 · Citizens Federal Bank Fsb
May 9, 2006
$135,000
Fatima Sabbah
Ml & Rk Ents INC
Warranty Deed
—
Sep 20, 2004
$103,000
Ml & Rk Ents INC
Maguire Dev Group INC
Warranty Deed
$76,755 · Bank One NA
—
—
Gedeon Dev LLC
—
Deed Of Trust
related
$139,000 · Michigan Certified Development
—
—
Gedeon Dev LLC
—
Deed Of Trust
related
$179,000 · Michigan Certified Development
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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