Entity Owned Property summary
AI-generated overview
A single-level commercial building in Fremont, Michigan, located on Main Street and historically associated with barbershop use since 1865. The building contains approximately 608 square feet of space on a 0.04-acre lot and is configured with three stations along with a large storefront window. It has front and back entrances and includes wheelchair and walker access through the front entrance. Improvements include a replaced roof, polished concrete flooring, a newer air-conditioning and heating system, and newer front window glass. While currently arranged for a barbershop/salon business, the layout can accommodate other commercial uses, and there is existing equipment on site.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
5,032 SF
Lot
0.08 ac (3,659 SF)
Zoning code
LOCAL ZONE
APN
13-35-485-028
UPID
US43-3047338
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Barber Shop
-
Business Service Center Advocacy Group
-
Hotel & Motel Resort
-
Barber Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$145k
Owner & transaction history
Zoning & alternative use
LOCAL ZONE · Fremont, MI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$145k
Value range
$131k – $160k
±10% around blend
Estimated value / SF
$29 / SF
Confidence
Property data
88
Comparable evidence
60
$131k
blend $145k
$160k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,032 SF
Lot area
0.08 ac
Stories
2
APN
13-35-485-028
Zoning
LOCAL ZONE
Assessed value
$84,600
Annual tax
$4,175
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$145k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$85k
Move the market yield to see immediate price impact.
Value / SF
$17
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$5k
$107k
$76k
$59k
$6k
$118k
$85k
$66k
$7k
$130k
$93k
$72k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$4,175
Tax year 2020
Assessed value
$84,600
Assessed 2023
Previous assessed
$67,400
+25.5% YoY
Effective rate
4.93%
On assessed value
Total market value
$169,200
Applied tax rate
6,243.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
FORCED AIR
Stories
2
Total area
5,032 SF
Lot
0.08 ac (3,659 SF)
Zoning code
LOCAL ZONE
APN
13-35-485-028
UPID
US43-3047338
Jurisdiction
NEWAYGO
Zoning & alternative use
LOCAL ZONE · Fremont, MIZoning LOCAL ZONE · permitted uses
LOCAL ZONE · Fremont, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
2
Lot
0.08 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LOCAL ZONE
Jurisdiction
Fremont, MI
Recorded code
LOCAL ZONE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LOCAL ZONE in Fremont, MI.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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