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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Commercial real estate
8788 Carter Rd, Freeland, MI 48623-8679
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-2397507
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
8,280 SF
Lot
2.07 ac (90,343 SF)
Zoning code
A1-AGRI
APN
29-13-3-16-2104-000
UPID
US43-2397507
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
-
Saginaw Knitting Mills Inc/Main St. Gifts (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$789k
Blend (final)
Blend
$790k
Owner & transaction history
Michigan Certified Development Corp · 3 yrs held
Michigan Certified Development Corp
since 2023
5 recorded transactions
Zoning & alternative use
A1-AGRI · Freeland, 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 Freeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeland 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±10%
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
$95 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,686
Tax year 2022
Assessed value
$255,600
Assessed 2023
Previous assessed
$255,600
+0.0% YoY
Effective rate
4.18%
On assessed value
Total market value
$511,200
Applied tax rate
29.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
PACKAGE
Stories
1
Total area
8,280 SF
Lot
2.07 ac (90,343 SF)
Zoning code
A1-AGRI
APN
29-13-3-16-2104-000
UPID
US43-2397507
Jurisdiction
SAGINAW
Zoning & alternative use
A1-AGRI · Freeland, MI
Zoning A1-AGRI · permitted uses
A1-AGRI · Freeland, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Freeland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
PACKAGE
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
Michigan Certified Development Corp
Entity
Mailing address
3737 COOLIDGE RD, EAST LANSING, MI 48823-8019
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2023
—
Michigan Certified Development Corp
Universal Printing Company INC
Lease
$189,000 · Michigan Certified Development Corporati
Jan 5, 2023
$450,000
Rsa Real Estate LLC
Temr Investments LLC
Warranty Deed
$227,750 · Independent Bank
—
—
Temr Investments LLC
—
Deed Of Trust
related
$138,948 · Wildfire Cu
—
—
Temr Investments LLC
—
Deed Of Trust
related
$100,000 · Wildfire Cu
—
—
Temr Investments LLC
—
Deed Of Trust
related
$100,000 · First State Bank
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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