Property profile

125 Lafayette St South Lyon, MI 48178

OFF-MARKET
Office buildings
Property ID
US43-0221791
5,242 SF 0.17 ac lot Built 1938
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1938
Total area 5,242 SF
Lot 0.17 ac (7,405 SF)
Zoning code BI
APN 80-21-19-477-016
UPID US43-0221791

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
  • Law Firm
  • Spa & Massage Center
  • Sports School Sports Field & Court
  • Financial Advisor
  • Medical Clinic

Location

125 Lafayette St South Lyon, MI 48178-2059
South Lyon metro Census 139201 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$677k
Blend (final) Blend
$425k

Owner & transaction history

since 2000
2 recorded transactions
2000
$500,000
1969
Price N/A

Zoning & alternative use

BI · South Lyon, MI
Top alternative use upside
Commercial (general) $925,000 +50.2%
Restaurant $905,000 +47.6%
Retail stores $885,000 +43.9%

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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