Property profile

1031 12th Mile Rd Madison Heights, MI 48071

OFF-MARKET
Warehouses
Property ID
US43-1689293
4,734 SF 0.94 ac lot Built 1940
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1940
Total area 4,734 SF
Lot 0.94 ac (40,946 SF)
Zoning code M-1 LT
APN 44-25-14-127-049
UPID US43-1689293

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1031 12th Mile Rd Madison Heights, MI 48071-2301
Madison Heights metro Census 181400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M

Owner & transaction history

since 2024
Last sale
$1.5M
7 recorded transactions
2024
$1.5M
2017
$190,000
2017
$48,259
2016
Price N/A
2014
Price N/A
2013
Price N/A
2012
Price N/A

Zoning & alternative use

M-1 LT · Madison Heights, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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