806 Hogsback Rd Mason, MI 48854
Property Lookup
Property profile & analytics
806 Hogsback Rd Mason, MI 48854
- Strip malls
- 8,006 SF
- 3.12 lot acres
Property ID
US43-1747488
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.
Location Intelligence
Current Use by Public Records
- Capital Internal Medicine Associates, P.C. / Medical Clinic
- Motors INC / Car Dealership
- Secretary of State office / Department Of Motor Vehicles / Driver'S License Office
- Cooper Jonathan S DO / Pediatrician / Physician
- Motors Inc World's Smallest Car Dealer / Car Dealership
Property Details for 806 Hogsback Rd
- Year built
- 2009
- Lot size
- 3.12 lot acres
- Property size
- 8,006 SF
- Zone code
- B-1
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 33-06-06-31-151-007
- APU
- 33060631151007
Description
This exceptional investment opportunity presents a fully occupied, four-unit executive office building situated on a 3.12-acre lot in Mason, Michigan. The property, known as Cedar View Professional Park, boasts 8,006 square feet and is anchored by a long-term tenant, the Secretary of State office, ensuring stable income. Built in 2010 at 806 Hogsback Rd, 48854, the property enjoys high visibility due to its prominent street frontage. The current occupancy rate is 100%, generating a substantial gross annual income of $129,960 and a net operating income (NOI) of $70,464, resulting in an attractive 7.6% capitalization rate. This multi-tenant property offers a secure and profitable investment with a strong tenant base and excellent location within Ingham County. The property's strategic location and consistent income stream make it an ideal addition to any investment portfolio. Detailed financial statements are available upon request. This is a rare opportunity to acquire a high-performing commercial property in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $470,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $719,000
- AI Estimate
- $497,000
Market price range: $306k - $720kMarket price range: $227k - $498k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $515,000 Current use
- MEDICAL BUILDING
- $985,000 Change: +92% Conversion: Difficult
- RESTAURANT
- $935,000 Change: +82% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $915,000 Change: +78% Conversion: Easy
- AUTO REPAIR, GARAGE
- $805,000 Change: +57% Conversion: Difficult
- OFFICE BUILDING
- $745,000 Change: +45% Conversion: Moderate
- RETAIL STORES
- $635,000 Change: +24% Conversion: Easy
- WAREHOUSE, STORAGE
- $525,000 Change: +2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mason
- County
- Ingham
- State
- Michigan
- Longitude
- -84.48
- Latitude
- 42.6056
- 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
2019
$16,962
$203,900
$290,500
$494,400
-
$407,800
$581,000
$988,800
