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    For Sale (60)

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    Versatile Detroit Commercial Space
    $175,000
    8,591 SF

    Versatile Detroit Commercial Space

    8,500+ sqft commercial space near Chrysler expansion and Jefferson project.

    14125 Mack Ave, Detroit, MI 48215
    View details
    West Bloomfield Residential Development Opportunity
    $850,000
    11.27 Acres

    West Bloomfield Residential Development Opportunity

    11.27 acres in desirable West Bloomfield residential market.

    1860 Hiller Rd West, Bloomfield Twp, MI 48324
    View details
    M1 Concourse Garage Unit For Sale
    $485,000
    600 SF

    M1 Concourse Garage Unit For Sale

    Rare opportunity: finished garage unit at M1 Concourse in Pontiac.

    50 Pit Ln, Pontiac, MI 48341
    View details
    West Bloomfield Estate Opportunity Land
    $375,000
    5.75 Acres

    West Bloomfield Estate Opportunity Land

    5.75 acres in West Bloomfield ideal for estate or development.

    5920 Greer Rd West, Bloomfield Twp, MI 48324
    View details
    Detroit Multifamily Investment Opportunity
    $650,000
    7,676 SF

    Detroit Multifamily Investment Opportunity

    Recently remodeled 10-unit apartment building in Detroit's Oakman Boulevard.

    4234 W Davison, Detroit, MI 48238
    View details
    Prime Land in Orchard Lake
    $1,999,000
    5.00 Acres

    Prime Land in Orchard Lake

    Nearly 5 acres of wooded land in Orchard Lake Village.

    3655 Shady Beach Blvd, West Bloomfield, MI 48324
    View details
    M1 Concourse Private Garage Unit
    $475,000
    610 SF

    M1 Concourse Private Garage Unit

    Corner garage with track views, mezzanine, and full amenities.

    48 Pit Ln, Pontiac, MI 48341
    View details
    Residential Lot with Lake Access
    $45,000

    Residential Lot with Lake Access

    Desirable community lot with access to two all-sports lakes.

    Biscayne Dr, White Lake, MI 48383
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    Detroit Multifamily Property with Upgrades
    $200,000
    2,850 SF

    Detroit Multifamily Property with Upgrades

    Remodeled duplex near Boston Edison, fully leased with government-backed income.

    3334 Fullerton St, Detroit, MI 48238
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    Bingham Farms 1.4-Acre Residential Lot
    $749,000
    1.40 Acres

    Bingham Farms 1.4-Acre Residential Lot

    1.4-acre residential lot in Bingham Farms Village.

    Woodlynne Dr, Franklin, MI 48025
    View details
    M1 Concourse Private Garage Unit
    $695,000
    1,264 SF

    M1 Concourse Private Garage Unit

    Private garage unit at M1 Concourse, Pontiac, MI.

    62 W Speed Way, Pontiac, MI 48341
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    M1 Concourse Private Garage Unit
    $399,000
    604 SF

    M1 Concourse Private Garage Unit

    Finished garage unit with mezzanine, kitchenette, and full bath.

    247 Apex Dr, Pontiac, MI 48341
    View details
    Lathrup Village Commercial Space
    $1,300,000
    1,739 SF

    Lathrup Village Commercial Space

    Single-story commercial space ideal for pharmacy, medical, or retail use.

    27241 Southfield Rd, Lathrup Village, MI 48076
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    Commercial Land in Washington Township
    $324,900

    Commercial Land in Washington Township

    Commercial land in a high-traffic, growing area near amenities.

    59601 Van Dyke Rd, Washington Twp, MI 48094
    View details
    West Bloomfield Land Opportunity
    $1,150,000
    17.02 Acres

    West Bloomfield Land Opportunity

    Two parcels totaling 17.02 acres in West Bloomfield Township.

    Hiller Rd West, Bloomfield Twp, MI 48324
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    Pontiac Land Parcel For Sale
    $699,900
    4.19 Acres

    Pontiac Land Parcel For Sale

    4.19 acre residential land parcel in Pontiac, Michigan.

    405 W Walton Blvd, Pontiac, MI 48340
    View details
    Waterfront Land in Dexter Twp
    $799,000

    Waterfront Land in Dexter Twp

    Residential land with 58' water frontage on Portage Lake.

    8881 Mcgregor Rd, Dexter Twp, MI 48169
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    M1 Concourse Private Garage Unit
    $969,000
    1,191 SF

    M1 Concourse Private Garage Unit

    Private garage unit with trackside patio in Pontiac, Michigan.

    161 W Speed Way, Pontiac, MI 48341
    View details
    Birmingham Multifamily Investment Opportunity
    $2,350,000
    8,642 SF

    Birmingham Multifamily Investment Opportunity

    Fully occupied 8-unit apartment building near downtown Birmingham.

    575 E Lincoln St, Birmingham, MI 48009
    View details
    Lakefront Land in Pinckney Village
    $79,000

    Lakefront Land in Pinckney Village

    Pristine lakefront property with water views and direct access.

    10350 Half Moon Dr, Pinckney, MI 48169
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    M1 Concourse Garage with Living
    $429,000
    600 SF

    M1 Concourse Garage with Living

    Garage with living space at M1 Concourse on Woodward Avenue.

    68 Pit Ln, Pontiac, MI 48341
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    Bloomfield Hills Lakefront Land Opportunity
    $999,999
    0.50 Acres

    Bloomfield Hills Lakefront Land Opportunity

    Rare lakefront homesite in gated community on Upper Long Lake.

    1729 Heron Ridge Dr, Bloomfield Hills, MI 48302
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    Well-Maintained Multifamily Income Property
    $225,000
    1,418 SF

    Well-Maintained Multifamily Income Property

    Two-unit property with long-term tenants and recent updates.

    21857 Le Fever Ave, Warren, MI 48091
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    Lakefront Homesite in Pointe West
    $249,900

    Lakefront Homesite in Pointe West

    Prime Saginaw Bay frontage in prestigious Pointe West Community.

    9859 Sunset Blvd, Pigeon, MI 48755
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    M1 Concourse Combined Units
    $2,200,000
    1,264 SF

    M1 Concourse Combined Units

    Rare combined units perfect for automotive display and entertaining.

    40 Straightaway Dr, Pontiac, MI 48341
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    Buildable Lot with Lake Views
    $300,000
    0.78 Acres

    Buildable Lot with Lake Views

    0.78 acre buildable lot with lake views in Bloomfield Hills.

    0001 Klingensmith Rd, Bloomfield Hills, MI 48302
    View details
    Bloomfield Hills Buildable Lot
    $300,000
    1.00 Acre

    Bloomfield Hills Buildable Lot

    Buildable lot with lake views in Bloomfield Hills, Michigan.

    0003 Klingensmith Rd, Bloomfield Hills, MI 48302
    View details
    Commercial Land on Major Intersection
    Contact for pricing
    0.50 Acres

    Commercial Land on Major Intersection

    Commercial land available in Ypsilanti Twp, Michigan.

    Vacant Ecorse Rd, Ypsilanti, MI 48198
    View details
    Detroit Multifamily Investment Opportunity
    $4,400,000
    36,221 SF

    Detroit Multifamily Investment Opportunity

    Sixty-unit apartment complex near Dearborn, fully occupied with Section 8 tenants.

    15860 Joy Rd, Detroit, MI 48228
    View details
    Bloomfield Twp Land Opportunity
    $1,150,000
    2.32 Acres

    Bloomfield Twp Land Opportunity

    2.32-acre residential land parcel in prestigious Bloomfield Hills.

    1355 Orchard Ridge Rd, Bloomfield Twp, MI 48304
    View details
    Greenfield Villas Multifamily Investment Opportunity
    $4,000,000
    48,336 SF

    Greenfield Villas Multifamily Investment Opportunity

    Sixty-unit multifamily property in Detroit's Oakman Boulevard neighborhood.

    15860 Joy Rd, Detroit, MI 48228
    View details
    Pontiac Commercial Property with Development Potential
    $149,900
    2,616 SF

    Pontiac Commercial Property with Development Potential

    Well-maintained commercial building with income and multi-family development opportunity.

    349 E Pike St, Pontiac, MI 48342
    View details
    Square Lake Waterfront Land
    $100,000
    1.00 Acre

    Square Lake Waterfront Land

    One-acre waterfront lot on all-sports Square Lake.

    0004 Klingensmith Rd, Bloomfield Hills, MI 48302
    View details
    M1 Concourse Rooftop Garage Unit
    $1,399,000
    1,307 SF

    M1 Concourse Rooftop Garage Unit

    Garage unit with mezzanine, track views, and entertaining space.

    145 Pit Ln, Pontiac, MI 48341
    View details
    Luxury Estate Opportunity in Michigan
    $950,000

    Luxury Estate Opportunity in Michigan

    Triple lot with Upper Long Lake access in West Bloomfield.

    2954 Long Ridge Ct West, Bloomfield Twp, MI 48323
    View details
    Detroit Bungalow - Income Property
    $169,999
    1,981 SF

    Detroit Bungalow - Income Property

    Multi-family bungalow in Detroit, fully leased with Section 8 tenants.

    5569 Drexel St, Detroit, MI 48213
    View details
    Lakefront Lot in Pointe West
    $249,900

    Lakefront Lot in Pointe West

    Premium lakefront lot with canal access in sought-after community.

    9899 Sunset Blvd, Pigeon, MI 48755
    View details
    Residential Land in Northfield Township
    $350,000

    Residential Land in Northfield Township

    Residential land available in Northfield Township, close to Ann Arbor.

    3636 N Territorial Rd E, Northfield Twp, MI 48105
    View details
    17.48 Acres Development Opportunity
    $1,799,900
    17.48 Acres

    17.48 Acres Development Opportunity

    17.48 acres zoned RM-1 near downtown Brighton.

    5920 Pleasant Valley Rd, Brighton Twp, MI 48116
    View details
    M1 Concourse Private Garage Unit
    $285,000
    558 SF

    M1 Concourse Private Garage Unit

    558 SF garage unit in Pontiac's M1 Concourse community.

    264 Apex Dr, Pontiac, MI 48341
    View details
    Development Opportunity in Oak Park
    $650,000
    0.26 Acres

    Development Opportunity in Oak Park

    Approved mixed-use/multifamily development site in Oak Park, MI.

    14211 W 11 Mile Rd, Oak Park, MI 48237
    View details
    Buildable Lot with Lake Views
    $325,000
    1.00 Acre

    Buildable Lot with Lake Views

    Almost an acre buildable lot with lake views.

    0002 Klingensmith Rd, Bloomfield Hills, MI 48302
    View details
    Bloomfield Hills Building Site
    $1,495,000

    Bloomfield Hills Building Site

    Prime residential land in prestigious Bloomfield Hills neighborhood.

    Brookdale Rd, Bloomfield Hills, MI 48304
    View details
    Renovated Duplex in Detroit's North End
    $350,000
    1,853 SF

    Renovated Duplex in Detroit's North End

    Turnkey 2-unit property with steady income in developing North End.

    403 Mount Vernon St, Detroit, MI 48202
    View details
    Pontiac Acreage with Development Potential
    $699,900
    4.19 Acres

    Pontiac Acreage with Development Potential

    4.19 acre parcel in Pontiac, MI with development potential.

    405 W Walton Blvd, Pontiac, MI 48340
    View details
    Residential Land in Bingham Farms
    $4,500,000
    7.00 Acres

    Residential Land in Bingham Farms

    Rare 7-acre parcel suitable for estate or development.

    23301 W 14 Mile Rd, Franklin, MI 48025
    View details
    Bloomfield Hills Land Opportunity
    $999,000
    4.00 Acres

    Bloomfield Hills Land Opportunity

    Almost 4 acres on Square Lake, Bloomfield Hills.

    2171 Klingensmith Rd, Bloomfield Hills, MI 48302
    View details
    Pontiac Industrial Garage Condo
    $295,000
    559 SF

    Pontiac Industrial Garage Condo

    559 sq ft, High Ceilings, M1 Concourse

    214 Chicane, Pontiac, MI 48341
    View details
    M1 Concourse Private Garage Unit
    Contact for pricing
    558 SF

    M1 Concourse Private Garage Unit

    Private garage unit in a community of auto enthusiasts.

    264 Apex, Pontiac, MI 48341
    View details
    Pontiac Industrial Land Opportunity
    $799,900
    1,659 SF

    Pontiac Industrial Land Opportunity

    4.19 Acres, High Density Potential

    405 Walton Blvd, Pontiac, MI 48340
    View details
    Detroit Retail/Business Opportunity
    $150,000
    2,160 SF

    Detroit Retail/Business Opportunity

    Former print shop in Detroit's revitalizing E. Warren Corridor.

    17658 E Warren Ave, Detroit, MI 48224
    View details
    Eight-Unit Apartment Building in Birmingham
    $2,350,000

    Eight-Unit Apartment Building in Birmingham

    Fully occupied apartment building with redevelopment potential in downtown Birmingham.

    575 E Lincoln St, Birmingham, MI 48009
    View details
    Remodeled Apartment Building Near Boston Edison
    $650,000

    Remodeled Apartment Building Near Boston Edison

    Recently remodeled 10-unit apartment building with Section 8 tenants.

    4234 W Davison, Detroit, MI 48238
    View details
    Retail Space in Grocery-Anchored Strip
    Contact for pricing
    8,400 SF

    Retail Space in Grocery-Anchored Strip

    Available retail space in high-traffic Mullica Hill shopping center.

    108 Swedesboro Rd, Mullica Hill, NJ 08062
    View details
    Versatile Open Floor Space Opportunity
    $175,000
    8,591 SF

    Versatile Open Floor Space Opportunity

    8,500+ sqft versatile space near Chrysler expansion and renovation project.

    14125 Mack Ave, Detroit, MI 48215
    View details
    Bloomfield Hills Corporate Retreat Potential
    $4,500,000
    12,825 SF

    Bloomfield Hills Corporate Retreat Potential

    Spacious Bloomfield Hills property suitable for corporate retreat or B&B.

    1330 Oxford Rd, Bloomfield Hills, MI 48304
    View details
    Riverfront Condo with Panoramic Views
    $199,000
    600 SF

    Riverfront Condo with Panoramic Views

    Updated 1-bedroom condo with Detroit River and Canada views.

    300 Riverfront Dr, Detroit, MI 48226
    View details
    Detroit Mixed-Use Retail Opportunity
    $189,000

    Detroit Mixed-Use Retail Opportunity

    Retail space with apartment in resurging East Warren corridor.

    16417 E Warren Ave, Detroit, MI 48224
    View details
    Historic Highland Park Church Venue
    $250,000
    2,803 SF

    Historic Highland Park Church Venue

    Two-story venue in Highland Park with income potential.

    16127 Hamilton Ave, Highland Park, MI 48203
    View details
    M1 Concourse Private Garage Unit
    $720,000
    1,264 SF

    M1 Concourse Private Garage Unit

    Private garage unit at M1 Concourse with trackside mezzanine.

    62 W Speed Way, Pontiac, MI 48341
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    For Lease (3)

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    Downtown Ferndale Office Space Above Toast
    $800 / Mo
    450 SF

    Downtown Ferndale Office Space Above Toast

    Turnkey office space in downtown Ferndale, ideal location, easy access.

    23150 Woodward Ave, Ferndale, MI 48220
    View details
    Downtown Ferndale Office Space Above Toast
    $1,000 / Mo
    500 SF

    Downtown Ferndale Office Space Above Toast

    Turnkey office space in prime downtown Ferndale location.

    23150 Woodward Ave, Ferndale, MI 48220
    View details
    Prime Retail Suite For Lease
    $3,305 / Mo

    Prime Retail Suite For Lease

    3,000 SF retail suite in a high-traffic Detroit location.

    13427 Schaefer Hwy, Detroit, MI 48227
    View details

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    KW Domain Birmingham
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    KW Domain Birmingham
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