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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Office buildings
13300 11th Mile Rd, Warren, MI 48089-4500
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-1093259
Property summary
AI-generated overview
This exceptional 8,250-square-foot flex building, located at 13300 E 11 Mile Rd in Warren, Michigan, presents a unique opportunity for a single tenant. Built in 1989, this one-story structure sits on a generous 3.2 acres of land and boasts a 12'-6" ceiling height, ideal for various uses. The property is zoned C-1 and features one dock-high door, facilitating efficient loading and unloading. Ample parking is provided with 220 spaces available. The building's versatility is highlighted by its suitability for office, industrial, research and development, and medical office purposes. The entire 8,250 square feet is currently vacant, offering immediate occupancy for a prospective tenant. The property's parcel number (APN) is 12-13-23-226-012. Its prime location in Warren, Michigan, zip code 48089, offers excellent access to major transportation routes and a thriving business community. This is a rare opportunity to secure a substantial, versatile space with significant parking in a desirable location. The property's single-tenant occupancy ensures privacy and control.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
9,355 SF
Lot
0.82 ac (35,893 SF)
Zoning code
C-1
APN
12-13-23-226-012
UPID
US43-1093259
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
$1.65M
Comparable Approach
Comparable
$840k
Blend (final)
Blend
$1.19M
Owner & transaction history
K Up LLC · 4 yrs held
K Up LLC
since 2022
1 recorded transaction
Zoning & alternative use
C-1 · Warren, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,400,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,790,000
6.5%
$1,650,000
7%
$1,535,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$885,000
Current use
RESTAURANT
$810,000
Change: -9% · Conversion: Moderate
MEDICAL BUILDING
$755,000
Change: -15% · Conversion: Easy
RETAIL STORES
$740,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±10%
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
$127 / 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
$17,812
Tax year 2022
Assessed value
$309,670
Assessed 2023
Previous assessed
$310,690
-0.3% YoY
Effective rate
5.75%
On assessed value
Total market value
$619,340
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Stories
1
Total area
9,355 SF
Lot
0.82 ac (35,893 SF)
Zoning code
C-1
APN
12-13-23-226-012
UPID
US43-1093259
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C-1 · Warren, MI
Zoning C-1 · permitted uses
C-1 · 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
OFFICE BUILDING Current
Est. value
$885,000
RESTAURANT
Est. value
$810,000
MEDICAL BUILDING
Est. value
$755,000
RETAIL STORES
Est. value
$740,000
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
1988
Heating
FORCED AIR
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
K Up LLC
Entity
Mailing address
210 CAMPBELL ST, ROCHESTER HILLS, MI 48307-2679
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
$1,400,000
K Up LLC
Castiglione Real Estate Company LLC
Warranty Deed
$1,050,000 · Northstar Bank
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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