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Property profile & analytics
FOR SALE
Commercial real estate
10587 Highland Rd, Hartland, MI 48353
Entity Owned
Free & Clear
Property ID
US43-1709208
For Sale
1 / 6
$2,200,000
10587 Highland Rd, Hartland, MI 48353
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
5,480 SF
Lot
1.65 ac (71,874 SF)
Zoning code
GC
APN
08-21-400-062
UPID
US43-1709208
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
$900k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$900k
Owner & transaction history
Chick-fil-a INC
Chick-fil-a INC
since 2026
Last sale
$900,000
5 recorded transactions
Zoning & alternative use
GC · Hartland, 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 Hartland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartland 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$625,000
7%
$580,000
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Jul 25 2024)
Last sale anchor
$900k
Jul 25 2024
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
$164 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$24,531
Tax year 2023
Assessed value
$596,400
Assessed 2024
Previous assessed
$596,400
+0.0% YoY
Effective rate
4.11%
On assessed value
Total market value
$1,192,800
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
5,480 SF
Lot
1.65 ac (71,874 SF)
Zoning code
GC
APN
08-21-400-062
UPID
US43-1709208
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
GC · Hartland, MI
Zoning GC · permitted uses
GC · Hartland, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Chick-fil-a INC
Entity
Free & Clear · 0 yrs held
Mailing address
10587 HIGHLAND RD, HARTLAND, MI 48353-2624
Mailing matches property
Yes
Owner-occupied
Yes
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
Apr 21, 2026
$2,100,000
Chick-fil-a INC
Nick & Jean Properties LLC
Warranty Deed
—
Jul 25, 2024
$900,000
Nick & Jean Properties LLC
G And J Property LLC
Deed
—
Oct 28, 2016
—
Nick & Jean Properties LLC
G & J Property LLC
Grant Deed
related
—
Jul 1, 2008
—
Ramco Rm Hartland Sc LLC
Ramco Hartland LLC
Quit Claim Deed
related
$8,505,000 · Huntington National Bank
May 5, 2000
—
G & J Property LLC
Henney Trust
Trustees Deed
related
—
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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