Entity Owned Property summary
AI-generated overview
This exceptional Class A office building, situated on 4.93 acres at 1127 S Old US 23, Livingston County, offers 5,971 square feet of executive office space. Built in 2005, the two-story building features six suites, with a minimum divisible space of 400 square feet and a maximum contiguous space of 840 square feet currently available. The property boasts a welcoming common lobby, a fully equipped kitchen, and two spacious conference rooms capable of accommodating up to 25 people. Enjoy a convenient back patio and a professional atmosphere enhanced by high-end finishes. Utilities are included in the full-service gross lease, providing predictable monthly costs. The building is zoned B2 and features the APN numbers 12-09-100-046 and 4712-09-100-046. While there are no elevators, the building's design and amenities create an impressive and productive work environment. This property presents a unique opportunity for businesses seeking a prestigious and well-maintained office space in a tranquil setting. Cross street is Hyne Road.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Total area
6,933 SF
Lot
4.93 ac (214,751 SF)
Zoning code
B-2
APN
12-09-100-046
UPID
US43-1748267
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
$1.30M
Blend (final)
Blend
$360k
Owner & transaction history
since 2025
3 recorded transactions
Zoning & alternative use
B-2 · 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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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$360k
Value range
$324k – $396k
±10% around blend
Estimated value / SF
$52 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
$324k
blend $360k
$396k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,933 SF
Lot area
4.93 ac
Year built
2005
Stories
1
APN
12-09-100-046
Zoning
B-2
Assessed value
$604,400
Annual tax
$20,663
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$238k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.0 mi away · 6,852 SF
7.2 mi away · 5,022 SF
9.2 mi away · 6,160 SF
9.2 mi away · 4,858 SF
9.4 mi away · 5,460 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$360k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 46 sales
$137
-62%
County 326 sales
$125
-58%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $52/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
Not available
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: replacement-cost inputs are not on file.
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 · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$604k
Move the market yield to see immediate price impact.
Value / SF
$87
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
5.00%7.00%9.00%
$38k
$762k
$544k
$423k
$42k
$846k
$604k
$470k
$47k
$931k
$665k
$517k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$300k
2.0 mi · Apr 2026 · $44/SF
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$20,663
Tax year 2019
Assessed value
$604,400
Assessed 2023
Previous assessed
$522,900
+15.6% YoY
Effective rate
3.42%
On assessed value
Total market value
$1,208,800
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
2005
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
6,933 SF
Lot
4.93 ac (214,751 SF)
Zoning code
B-2
APN
12-09-100-046
UPID
US43-1748267
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Brighton, MIZoning B-2 · permitted uses
B-2 · Brighton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
4.93 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B-2
Jurisdiction
Brighton, MI
Recorded code
B-2
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
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Owner of record and activity signals are derived from public records and modeled classifications.
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