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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5035 Holt Rd Holt, MI 48842-9601

    • Specialty properties
    • 8,913 SF
    • 10.14 lot acres
    OFF-MARKET
    Last Sale
    Apr 02, 2025
    Value Estimations
    $500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1183212
    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.

    Current Use by Public Records

    • Palmer Bush & Jensen Family Funeral Homes Holt-Delhi Chapel / Funeral Home
    • Paws Upon the Heart Pet Cremation Services / Cremation Service

    Property Details for 5035 Holt Rd

    Year built
    2007
    Lot size
    10.14 lot acres
    Property size
    8,913 SF
    Zone code
    A-1
    Property type
    Specialty properties
    APN
    33-25-05-21-200-012
    APU
    33250521200012

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $500,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $650,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Holt
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5455
    Latitude
    42.6399
    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
    $30,476
    $28,900
    $545,400
    $574,300
    -
    $57,800
    $1,090,800
    $1,148,600

    Comparable in this City

    • Value Estimation by Request
      4,800 SF

      2464 Aurelius Rd

      CHARITABLE ORGANIZATION • 4,800 SF
      2464 Aurelius Rd, Holt, MI 48842-2118
      View Details
    • Value Estimation by Request
      40,087 SF

      2418 Aurelius Rd

      CHARITABLE ORGANIZATION • 40,087 SF
      2418 Aurelius Rd, Holt, MI 48842-2118
      View Details
    • Value Estimation
      $255,000
      1,424 SF

      2162 Aurelius Rd

      VETERINARY, ANIMAL HOSPITAL • 1,424 SF
      2162 Aurelius Rd, Holt, MI 48842-6304
      View Details
    • Value Estimation by Request
      157.11 Acres

      5885 Holt Rd

      CHARITABLE ORGANIZATION • 157.11 Acres
      5885 Holt Rd, Holt, MI 48842-8677
      View Details
    • Value Estimation by Request
      9.85 Acres

      1650 Laurelwood Dr

      CHARITABLE ORGANIZATION • 9.85 Acres
      1650 Laurelwood Dr, Holt, MI 48842-1924
      View Details
    • Value Estimation
      $340,000
      1,432 SF

      1836 Cedar St, Unit 5

      VETERINARY, ANIMAL HOSPITAL • 1,432 SF
      1836 Cedar St, Holt, MI 48842-1702
      View Details

    Similar Nearby for Sale

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      Holt Commercial Property: Prime Location

      Multi-use building, high rental income potential.
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      Holt Commercial Building - Great Location!

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    • $625,000
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      Holt, MI Multifamily Land Development

      17.39 Acres, RM Zoning, High Density Potential
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    • Contact for pricing
      1,902 SF

      Holt Office Building For Sale

      Well-maintained 1,902 SF office building in Holt, MI.
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    • $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

    • $19 SF/Yr
      2,810 SF

      Holt Restaurant Space - 2810 SF

      Prime Holt location, restaurant space available.
      2350 Cedar St, Holt, MI 48842
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    • $12 SF/Yr
      35,793 SF

      Holt Medical Office Suites

      Prime Medical Office Space Available
      2450 Delhi Commerce Dr, Delhi charter Township, MI 48842
      View Details
    • $7,800 /Mo
      152 SF

      Delhi Commerce Park Office Space

      152 sq ft Office Suite Available Now
      2385 Commerce Dr, Delhi Charter Township, MI 48842
      View Details
    • $6 SF/Yr
      85,000 SF

      Holt Warehouse with Office Space

      85,000 SF warehouse featuring office, mezzanine, and multiple doors.
      2325-2329 Jarco Dr, Holt, MI 48842
      View Details
    • $7 SF/Yr
      125,000 SF

      Cedar Park Center: Creative Office Space

      Lansing Creative Office Suites Available Now
      2495 Cedar St, Holt, MI 48842
      View Details
    • $10 SF/Yr
      11,700 SF

      Holt Office/Warehouse Flex Space

      Modern Holt Office Space - Sublease Available
      1798 Holloway Dr, Holt, MI 48842
      View Details
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    5035 Holt Rd
    Holt, MI 48842-9601
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    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
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