Property profile

134 University Dr Rochester, MI 48307

OFF-MARKET
Office buildings
Property ID
US43-1015968
36,561 SF 2.21 ac lot Built 1967
Entity Owned 26-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1967
Total area 36,561 SF
Lot 2.21 ac (96,268 SF)
Zoning code BI
APN 68-15-10-477-026
UPID US43-1015968

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
  • Physician Medical Clinic
  • Alternative Medicine Practice Spa & Massage Center
  • Construction Company General Contractor
  • Medical Clinic Skin Care Clinic
  • Apartment Complex Medical Center

Location

134 University Dr Rochester, MI 48307-1951
Rochester metro Census 191100 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
$5.57M
Blend (final) Blend
$4.70M

Owner & transaction history

since 2000
2 recorded transactions
2000
Price N/A
1969
Price N/A

Zoning & alternative use

BI · Rochester, MI
Top alternative use upside
Restaurant $6.3M +47.6%
Retail stores $6.2M +43.9%
Medical building $5.8M +34.6%

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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