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Property profile & analytics
OFF-MARKET
Specialty properties
6180 Abbot Rd, East Lansing, MI 48823-8529
Entity Owned
~
Est. High Equity
Property ID
US43-5161325
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1965
Total area
2,216 SF
Lot
2.73 ac (119,006 SF)
Zoning code
RM08
APN
33-20-02-06-301-002
UPID
US43-5161325
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
-
Abbott Road Animal Clinic Veterinary Clinic
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
6180 Abbott Road Real Estate LLC
6180 Abbott Road Real Estate LLC
since 2025
4 recorded transactions
Zoning & alternative use
RM08 · East 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 East Lansing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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
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 2019Property tax & assessments
Tax year 2019
Tax billed
$8,264
Tax year 2019
Assessed value
$130,400
Assessed 2023
Previous assessed
$124,800
+4.5% YoY
Effective rate
6.34%
On assessed value
Assessed land
$119,000
Assessed improvement
$11,400
Land market value
$238,000
Improvement market value
$22,800
Total market value
$260,800
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
2,216 SF
Lot
2.73 ac (119,006 SF)
Zoning code
RM08
APN
33-20-02-06-301-002
UPID
US43-5161325
Jurisdiction
INGHAM
Zoning & alternative use
RM08 · East Lansing, MI
Zoning RM08 · permitted uses
RM08 · East Lansing, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Lansing. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
2.73 ac
Current owner
From public records · entity-resolved
6180 Abbott Road Real Estate LLC
Entity
Mailing address
6180 ABBOT RD, EAST LANSING, MI 48823-8529
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2025
—
6180 Abbott Road Real Estate LLC
Arac LLC
Warranty Deed
$400,000 · Bank Of America NA
Feb 2, 2021
$400,000
Arac LLC
Mary E Kraus Leppanen
Warranty Deed
—
Sep 24, 2012
$250,000
Mary E Kraus-leppanen
Achterberg,kenneth A & Jeanette L
Warranty Deed
—
May 23, 2007
$11,000
City Of East Lansing
Leppanen,joseph K
Warranty Deed
—
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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