Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    12681 Delta St Taylor, MI 48180-6835

    • Manufacturing properties
    • 12,537 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-0404194
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • LEGEND the Band / Band

    Property Details for 12681 Delta St

    Year built
    1992
    Lot size
    0.84 lot acres
    Property size
    12,537 SF
    Zone code
    I-1
    Property type
    Manufacturing properties
    APN
    60 056 03 0034 000
    APU
    60056030034000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Wayne
    State
    Michigan
    Longitude
    -83.275
    Latitude
    42.2145
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,894
    $0.00
    $0.00
    $261,500
    -
    $0.00
    $0.00
    $523,000

    Comparable in this City

    • Value Estimation by Request
      2,565 SF

      20224 Lorne St

      MANUFACTURING (LIGHT) • 2,565 SF
      20224 Lorne St, Taylor, MI 48180-1970
      View Details
    • Value Estimation by Request
      62,384 SF

      20201 Northline Rd

      MANUFACTURING (LIGHT) • 62,384 SF
      20201 Northline Rd, Taylor, MI 48180-4786
      View Details
    • Value Estimation by Request
      31,369 SF

      24340 Northline Rd

      MANUFACTURING (LIGHT) • 31,369 SF
      24340 Northline Rd, Taylor, MI 48180-4586
      View Details
    • Value Estimation by Request
      120,000 SF

      26655 Northline Rd

      MANUFACTURING (LIGHT) • 120,000 SF
      26655 Northline Rd, Taylor, MI 48180-4481
      View Details
    • Value Estimation by Request
      354,444 SF

      7925 Beech Daly Rd

      MANUFACTURING (LIGHT) • 354,444 SF
      7925 Beech Daly Rd, Taylor, MI 48180-2033
      View Details
    • Value Estimation by Request
      26,781 SF

      20401 Gladwin St

      MANUFACTURING (LIGHT) • 26,781 SF
      20401 Gladwin St, Taylor, MI 48180-5279
      View Details

    Similar Nearby for Sale

    • $14,900,000
      244,726 SF

      Taylor Industrial Facility For Sale

      244,726 SF industrial facility with heavy power distribution.
      6400 Monroe Blvd, Taylor, MI 48180
      View Details
    • Contact for pricing
      6.89 Acres

      Northline & Beech Daly Industrial Land

      6.89-acre prime industrial site, Taylor, MI
      25800 Northline Rd, Taylor, MI 48180
      View Details
    • $1,935,000
      18,009 SF

      Taylor Industrial Space - Huge Potential

      18,000 SF Industrial Building, 1.73 Acres
      8830 Telegraph Rd, Taylor, MI 48180
      View Details
    • $150,000
      378 SF

      Industrial Build to Suit Opportunity

      Industrial property offering build-to-suit options up to 378,000 SF.
      26344 Northline Rd, Taylor, MI 48180
      View Details
    • $988,242
      4.88 Acres

      Taylor Industrial Land - 4.88 Acres

      Prime Taylor industrial land, ideal for development.
      22900 Superior Rd, Taylor, MI 48180
      View Details
    • $5,000,000
      5,670 SF

      Taylor Warehouse: Prime Airport Location

      5,670 SF Warehouse, 14 Docks, 5.77 Acres
      9445 Inkster Rd, Taylor, MI 48180
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      60,500 SF

      Industrial Building Near Detroit Airport

      Versatile industrial building near Detroit Metro Airport available for lease.
      25350 Ecorse Rd, Taylor, MI 48180
      View Details
    • Contact for pricing

      Taylor Warehouse Space Available

      Industrial warehouse space for rent in Taylor, Michigan.
      21740 Trolley Industrial Dr, Taylor, MI 48180
      View Details
    • Contact for pricing
      5,670 SF

      Airport Corridor Flex Space

      5,670 SF Flex Space - For Lease
      9445 Inkster Rd, Taylor, MI 48180
      View Details
    • Contact for pricing
      300,128 SF

      Taylor Industrial Land - 6.89 Acres

      Prime Hard Corner, Multi-Use Potential
      25800 Northline Rd, Taylor, MI 48180
      View Details
    • $9 SF/Yr
      36,000 SF

      Taylor, MI Warehouse Space

      Flexible Warehouse Space, 1000-36,000 sq ft
      21010 Trolley Industrial Dr, Taylor, MI 48180
      View Details
    • $2,500 /Mo

      Taylor Warehouse with Ample Parking

      3200 SF warehouse with large doors and parking.
      7889 Telegraph Rd, Taylor, MI 48180
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12681 Delta St
    Taylor, MI 48180-6835
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.