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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Commercial land
8289 Silver Lk Rd, Linden, MI 48451-8618
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-3107667
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.1 ac (47,916 SF)
Zoning code
R-2
APN
01-26-576-015
UPID
US43-3107667
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
$575k
Owner & transaction history
Cancun Property 2 LLC · 4 yrs held
Cancun Property 2 LLC
since 2021
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
R-2 · Linden, 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 Linden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linden 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
Method
Estimation
Statistic approach
$580,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Aug 15 2021)
Last sale anchor
$575k
Aug 15 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$6,357
Tax year 2023
Assessed value
$98,700
Assessed 2024
Previous assessed
$98,700
+0.0% YoY
Effective rate
6.44%
On assessed value
Total market value
$197,400
Applied tax rate
1.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
FORCED AIR
Lot
1.1 ac (47,916 SF)
Zoning code
R-2
APN
01-26-576-015
UPID
US43-3107667
Jurisdiction
GENESEE
Zoning & alternative use
R-2 · Linden, MI
Zoning R-2 · permitted uses
R-2 · Linden, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Linden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
FORCED AIR
Lot
1.1 ac
Current owner
From public records · entity-resolved
Cancun Property 2 LLC
Entity
Mailing address
8291 SILVER LK RD, LINDEN, MI 48451-8619
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2021
$575,000
Cancun Property 2 LLC
Leroy Street LLC
Warranty Deed
—
Jan 5, 2021
—
Cancy Property 2 LLC
Leroy Street LLC
Grant Deed
related
—
Jul 26, 2016
—
Brousseau Properties LLC
Leroy Street LLC
Quit Claim Deed
—
Apr 18, 2016
$390,000
Leroy Street LLC
Corcoran Collene K
Grant Deed
$360,000 · Birchmeier G F Trust #1 (pt)
Apr 18, 2016
—
Owen Pointe Properties Co LLC
Nitsos,constantine A
Quit Claim Deed
related
—
Nov 19, 2010
—
Constantine A Nitsos
Nitsos,barbara J
Quit Claim Deed
related
—
Oct 21, 2009
$90,000
Owen Point Properties Co LLC
Citizens Bk
Grant Deed
—
Jun 25, 2007
$840,000
Citizens Bank
Deputy Sheriff Of Genesee County
Trustees Deed
related
—
—
—
Constantine A Nitsos
—
Deed Of Trust
related
$498,000 · Barbara J Nitsos
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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