Property profile

13520 Merriman Rd Livonia, MI 48150

OFF-MARKET
Office buildings
Property ID
US43-4207807
11,652 SF 7.94 ac lot Built 2015
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2015
Total area 11,652 SF
Lot 7.94 ac (345,866 SF)
APN 46 102 99 0007 001
UPID US43-4207807

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
  • Trucking Company
  • Freight Service Logistics Company
  • Storage Facility
  • Waste Management Facility Hazardous Waste Disposal

Location

13520 Merriman Rd Livonia, MI 48150-1830
Livonia metro Census 558301 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
$2.17M
Blend (final) Blend
$2.17M

Owner & transaction history

since 2014
7 recorded transactions
2018
Price N/A
2014
Price N/A
2014
$300,000
2014
$100,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $2.7M +61.3%

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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