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Property profile & analytics
OFF-MARKET
Estimated value
$2,270,000
Commercial real estate
875 Grand Riv Ave, Williamston, MI 48895-1248
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US43-5287712
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
3,252 SF
Lot
11.47 ac (499,633 SF)
Zoning code
MH
APN
33-18-07-02-126-006
UPID
US43-5287712
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
-
Village Square Manufactured Housing Community Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Mcm Mi Village Square LLC · 5 yrs held
Mcm Mi Village Square LLC
since 2020
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
MH · Williamston, 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 Williamston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamston 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
$2,540,000
ML approach
$2,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.27M
Range $2.04M – $2.50M · ±10% · vs last sale $2.16M (Jul 22 2020)
Last sale anchor
$2.16M
Jul 22 2020
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
$698 / SF
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
$29,948
Tax year 2019
Assessed value
$437,300
Assessed 2023
Previous assessed
$410,500
+6.5% YoY
Effective rate
6.85%
On assessed value
Assessed land
$66,200
Assessed improvement
$371,100
Land market value
$132,400
Improvement market value
$742,200
Total market value
$874,600
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
BASEBOARD
Stories
2
Bathrooms
1
Total area
3,252 SF
Lot
11.47 ac (499,633 SF)
Zoning code
MH
APN
33-18-07-02-126-006
UPID
US43-5287712
Jurisdiction
INGHAM
Zoning & alternative use
MH · Williamston, MI
Zoning MH · permitted uses
MH · Williamston, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
BASEBOARD
Stories
2
Bathrooms
1
Lot
11.47 ac
Current owner
From public records · entity-resolved
Mcm Mi Village Square LLC
Entity
Mailing address
10455 RIVERSIDE DR STE #210, PALM BEACH GARDENS, FL 33410-4332
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2020
—
Mcm Mi Village Square LLC
Bcic Parks LLC
Grant Deed
related
—
Jun 27, 2019
—
Bcic Parks LLC
—
Grant Deed
related
$1,900,000 · Oxford Bk
Feb 1, 2012
—
Mid Mi Communities LLC
714 Mill Street Holdings LLC
Grant Deed
related
—
Nov 18, 2011
—
Bcic Parks LLC
—
Deed Of Trust
related
$1,551,000 · Mhp Capital Lending LLC
Nov 8, 2011
$43,000
Bcic Parks LLC
Mid Michigan Cmnties LLC
Quit Claim Deed
related
—
May 27, 2011
$1,243,000
714 Mill Street Holdings LLC
Sheriff Of Ingham County
Trustees Deed
related
—
Jun 2, 2006
$2,155,786
Mid Michigan Communities LLC
Vs
Warranty Deed
—
—
—
Bcic Park LLC
—
Deed Of Trust
related
$350,000 · Mhp Capital Lending LLC
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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