New search
Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Medical Office Space
11552 12th Mile Rd, Warren, MI 48093-2644
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-1553526
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1964
Total area
7,938 SF
Lot
0.76 ac (32,888 SF)
Zoning code
MZ
APN
12-13-15-226-034
UPID
US43-1553526
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Aga Properties 1 LLC · 3 yrs held
Aga Properties 1 LLC
since 2023
Last sale
$930,668
4 recorded transactions
Zoning & alternative use
MZ · Warren, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$825,000
+28.6%
Office building
$755,000
+17.5%
Restaurant
$685,000
+7.1%
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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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
$965,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$640,000
Current use
RETAIL STORES
$825,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$755,000
Change: +18% · Conversion: Easy
RESTAURANT
$685,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$620,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$535,000
Change: -16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$515,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $931k (Mar 8 2023)
Last sale anchor
$931k
Mar 8 2023
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
$108 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$17,571
Tax year 2022
Assessed value
$300,740
Assessed 2023
Previous assessed
$279,340
+7.7% YoY
Effective rate
5.84%
On assessed value
Total market value
$601,480
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1964
Heating
FORCED AIR
Stories
1
Total area
7,938 SF
Lot
0.76 ac (32,888 SF)
Zoning code
MZ
APN
12-13-15-226-034
UPID
US43-1553526
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
MZ · Warren, MI
Zoning MZ · permitted uses
MZ · Warren, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warren. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$640,000
RETAIL STORES
Est. value
$825,000
OFFICE BUILDING
Est. value
$755,000
RESTAURANT
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$620,000
WAREHOUSE, STORAGE
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$515,000
MEDICAL BUILDING Current
RETAIL STORES
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
FORCED AIR
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Aga Properties 1 LLC
Entity
Mailing address
7559 E 10TH MILE RD, CENTER LINE, MI 48015-1451
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2023
$930,668
Aga Properties 1 LLC
Ssdd LLC
Deed
$698,001 · Community Choice Cu
Jan 15, 2015
—
Ssdd LLC
Advanced Detroit Dental PC
Quit Claim Deed
related
—
Mar 6, 2014
$30,000
Advanced Detroit Dental PC
Weiner,samuel P & Judith M
Deed In Lieu Of Foreclosure
related
—
Sep 6, 2013
—
Advanced Detroit Dental PC
Advanced Warren Dental PC
Quit Claim Deed
related
$350,000 · Bank Of Mi
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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