Entity Owned Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Total area
5,268 SF
Lot
1.38 ac (60,113 SF)
Zoning code
OS
APN
08-22-300-037
UPID
US43-1925642
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician
-
Eye Care Center Contact Lenses Supplier
-
Physician
-
Physician
-
Special Education Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$833k
Blend (final)
Blend
$970k
Owner & transaction history
since 2021
Last sale
$865,000
6 recorded transactions
Zoning & alternative use
OS · Hartland, 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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 13 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
$970k
Value range
$873k – $1.07M
±10% around blend
Estimated value / SF
$184 / SF
Confidence
High
13 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$873k
blend $970k
$1.07M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,268 SF
Lot area
1.38 ac
Year built
1994
Stories
1
APN
08-22-300-037
Zoning
OS
Assessed value
$457,300
Annual tax
$18,418
3
Income approach: direct capitalization
Partial preview
Income approach indication
$600k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$650k
@ 6.5% CAP return
$600k
@ 7% CAP return
$560k
4
Sales comparison
Partial preview
Sales approach indication
$811k
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.3 mi away · 4,500 SF
8.3 mi away · 3,890 SF
10.0 mi away · 5,022 SF
10.1 mi away · 6,160 SF
10.2 mi away · 4,858 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$970k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 326 sales
$125
+48%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $184/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
Not available
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 · 13 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
4.00%
Implied, in-place cap rate for this commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.00%
9.0%
NOI (est.)
$61k *
Last sale · Jun 2021
$865k
* 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$1.51M
Move the market yield to see immediate price impact.
Value / SF
$287
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
3.50%4.00%4.50%
$54k
$1.56M
$1.36M
$1.21M
$61k
$1.73M
$1.51M
$1.35M
$67k
$1.90M
$1.67M
$1.48M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$1.26M
8.0 mi · Nov 2025 · $246/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,418
Tax year 2023
Assessed value
$457,300
Assessed 2024
Previous assessed
$457,300
+0.0% YoY
Effective rate
4.03%
On assessed value
Total market value
$914,600
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Buildings
3
Stories
1
Total area
5,268 SF
Lot
1.38 ac (60,113 SF)
Zoning code
OS
APN
08-22-300-037
UPID
US43-1925642
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
OS · Hartland, MIZoning OS · permitted uses
OS · Hartland, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1994
Heating
FORCED AIR
Stories
1
Buildings
3
Lot
1.38 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OS
Jurisdiction
Hartland, MI
Recorded code
OS
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11200 Highland Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
