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Property profile & analytics
OFF-MARKET
Commercial land
Holbrook Dr, Holt, MI 48842
Individually Owned
~
Est. High Equity
Property ID
US43-3660840
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2023
Lot
27.7 ac (1,206,612 SF)
Zoning code
RM
APN
33-25-05-23-400-035
UPID
US43-3660840
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
Redwood Holt Cedar Street Mi P3 Fee
Redwood Holt Cedar Street Mi P3 Fee
since 2026
Last sale
$145,900
5 recorded transactions
Zoning & alternative use
RM · Holt, 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 Holt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holt 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,411
Tax year 2022
Assessed value
$267,500
Assessed 2023
Previous assessed
$144,900
+84.6% YoY
Effective rate
3.89%
On assessed value
Assessed land
$267,500
Land market value
$535,000
Total market value
$535,000
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
Year built
2023
Heating
NONE
Buildings
14
Lot
27.7 ac (1,206,612 SF)
Zoning code
RM
APN
33-25-05-23-400-035
UPID
US43-3660840
Jurisdiction
INGHAM
Zoning & alternative use
RM · Holt, MI
Zoning RM · permitted uses
RM · Holt, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holt. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Heating
NONE
Buildings
14
Lot
27.7 ac
Current owner
From public records · entity-resolved
Redwood Holt Cedar Street Mi P3 Fee
Individual
Mailing address
7007 E PLEASANT VLY RD, INDEPENDENCE, OH 44131-5543
Ownership since
2026
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 25, 2026
—
Redwood Holt Cedar Street Mi P3 Fee
Redwood Holt Cedar Street Mi P3 LLC
Warranty Deed
$19,500,000 · Lument Structured Finance LLC
May 15, 2023
—
Redwood Holt Cedar Street Mi P3 LLC
—
Deed
related
$18,119,000 · Comerica Bank
Mar 21, 2023
—
Camaj Ivezaj Jewad LLC
Camaj Ivezaj Jawad LLC
Intrafamily Transfer
related
—
Jan 4, 2019
$145,900
Camaj Ivezaj Jewad LLC
State Bk
Warranty Deed
—
Apr 8, 2015
—
State Bk
Horizon Bk
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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