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Property profile & analytics
FOR SALE
Retail properties & Spaces
7142 Holton Rd Twin Lake, MI 49457
Individually Owned
7-yr Hold
Free & Clear
Property ID
US43-0648618
For Sale
1 / 10
$75,000
7142 Holton Rd, Twin Lake, MI 49457
View Listing →
Property summary
AI-generated overview
This 3.46-acre commercial land is located in Twin Lake, Michigan. The cleared land is situated in a high-traffic area, minutes away from highways and downtown Muskegon. The property has been approved for cannabis business use and is suitable for new commercial development.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
COMMERCIAL (GENERAL)
Year built
1994
Total area
2,500 SF
Lot
3.46 ac (150,718 SF)
Zoning code
COM
APN
61-05-032-300-0010-10
UPID
US43-0648618
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
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
Adam Sobczak · 7 yrs held
Adam Sobczak
since 2018
2 recorded transactions
Zoning & alternative use
COM · Twin Lake, 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 Twin Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Twin Lake 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
Tax billed
$947
Tax year 2023
Assessed value
$19,800
Assessed 2024
Previous assessed
$18,800
+5.3% YoY
Effective rate
4.78%
On assessed value
Total market value
$39,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1994
Heating
NONE
Stories
1
Total area
2,500 SF
Lot
3.46 ac (150,718 SF)
Zoning code
COM
APN
61-05-032-300-0010-10
UPID
US43-0648618
Jurisdiction
MUSKEGON
Zoning & alternative use
COM · Twin Lake, MI
Zoning COM · permitted uses
COM · Twin Lake, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Twin Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Stories
1
Lot
3.46 ac
Current owner
From public records · entity-resolved
Adam Sobczak
Individual
Free & Clear · 7 yrs held
Mailing address
510 MILLER DR, GRAND HAVEN, MI 49417-1164
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2018
$100,000
Adam Sobczak
Makin Nyman Ents LLC
Warranty Deed
—
Dec 23, 2009
—
Shelby St. Bk
Ssb Mortgage Co
Quit Claim 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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