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Property profile & analytics
OFF-MARKET
Medical Office Space
529 Hewitt Rd Ypsilanti, MI 48197-1812
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US43-1792620
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1970
Total area
2,237 SF
Lot
0.48 ac (20,909 SF)
APN
K -11-06-463-010
UPID
US43-1792620
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
-
Kimberly A. Rice, DDS, PLC Dental Office
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
Kimbil LLC · 20 yrs held
Kimbil LLC
since 2006
7 recorded transactions
Zoning & alternative use
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 Ypsilanti submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ypsilanti 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 2023Property tax & assessments
Tax year 2023
Assessed value
$195,000
Assessed 2024
Previous assessed
$188,000
+3.7% YoY
Total market value
$390,000
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
1970
Heating
OTHER
Cooling
AC.PACKAGE
Total area
2,237 SF
Lot
0.48 ac (20,909 SF)
APN
K -11-06-463-010
UPID
US43-1792620
Jurisdiction
WASHTENAW
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Heating
OTHER
Cooling
Yes
Lot
0.48 ac
Current owner
From public records · entity-resolved
Kimbil LLC
Entity
Mailing address
529 N HEWITT RD, YPSILANTI, MI 48197-1812
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2020
—
Kimbil LLC
—
Deed
related
$259,856 · Bank Of Ann Arbor
Feb 20, 2018
—
Kimbil LLC
—
Deed
related
$296,000 · Bank Of Ann Arbor
Jul 19, 2006
—
Kimbil LLC
T Slade Properties LLC
Warranty Deed
$332,000 · Bank Of Ann Arbor
—
—
Kimbil LLC
—
Deed Of Trust
related
—
—
—
Thomas A Slade
—
Deed Of Trust
related
$210,000 · Ann Arbor Commerce Bank
—
—
Kimbil LLC
—
Loan Modification
related
$296,000 · Bank Of Ann Arbor
—
—
Kimbil LLC
—
Loan Modification
related
$259,856 · Bank Of Ann Arbor
—
—
Kimbil LLC
—
Deed Of Trust
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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