Entity Owned 
For Sale
1 / 3
$2,800,000
11801 Grand River Rd, Brighton, MI 48116
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Property summary
AI-generated overview
A light industrial building located on Grand River in Green Oak Township, situated between the Pleasant Valley Road and Kensington Road exits from I-96. The property includes a fully fenced and secured lot with outdoor storage space and ample parking. Total building area is 9,200 square feet, with space that can be operated as a whole or subdivided into smaller units of approximately 4,000 square feet each. The facility combines professional office space with warehouse and storage areas suitable for a range of light industrial uses.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1966
Total area
17,564 SF
Lot
1.69 ac (73,399 SF)
Zoning code
LI
APN
16-03-201-003
UPID
US43-1753596
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.24M
Owner & transaction history
since 2021
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
LI · Brighton, MI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.24M
Value range
$1.11M – $1.36M
±10% around blend
Estimated value / SF
$70 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
Income certainty
100
$1.11M
blend $1.24M
$1.36M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
17,564 SF
Lot area
1.69 ac
Year built
1966
Stories
1
APN
16-03-201-003
Zoning
LI
Assessed value
$750,500
Annual tax
$14,249
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$14,249
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.71M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.3 mi away · 17,220 SF
20.3 mi away · 19,420 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.24M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 65 sales
$143
-51%
Submarket 109 sales
$140
-50%
County 326 sales
$125
-44%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $70/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.57%
Selected cap rate for this other commercial real estate
Derived from the Brighton market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.57%
9.0%
NOI (est.)
$128k *
Last sale · Aug 2021
$1.10M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.80M
Move the market yield to see immediate price impact.
Value / SF
$159
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.07%4.57%5.07%
$115k
$2.83M
$2.52M
$2.27M
$128k
$3.14M
$2.80M
$2.52M
$141k
$3.46M
$3.08M
$2.78M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.73M
13.5 mi · Oct 2025 · $114/SF
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$14,249
Tax year 2019
Assessed value
$750,500
Assessed 2023
Previous assessed
$473,600
+58.5% YoY
Effective rate
1.90%
On assessed value
Total market value
$1,501,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1966
Heating
FORCED AIR
Buildings
4
Stories
1
Total area
17,564 SF
Lot
1.69 ac (73,399 SF)
Zoning code
LI
APN
16-03-201-003
UPID
US43-1753596
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
LI · Brighton, MIZoning LI · permitted uses
LI · Brighton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1966
Heating
FORCED AIR
Stories
1
Buildings
4
Lot
1.69 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LI
Jurisdiction
Brighton, MI
Recorded code
LI
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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