Property profile

1307 Souter Dr Troy, MI 48083

OFF-MARKET
Industrial properties
Property ID
US43-0175498
2,160 SF 0.36 ac lot Built 1969
Entity Owned 22-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1969
Total area 2,160 SF
Lot 0.36 ac (15,682 SF)
Zoning code M-1
APN 88-20-34-226-043
UPID US43-0175498

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1307 Souter Dr Troy, MI 48083-2840
Troy metro Census 197400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2004
3 recorded transactions
2004
$235,000
2001
Price N/A
1969
Price N/A

Zoning & alternative use

M-1 · Troy, MI

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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