Realmo Analytics

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Property profile

15211 Laethem Dr Armada, MI 48005

OFF-MARKET
Flex space
Property ID
US43-1197657
43,150 SF 6.75 ac lot Built 2000
Last sale Sep 2026 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a manufacturing building totaling approximately 41,580 square feet, with about 3,672 square feet of office space included within the overall facility. It features an overhead crane system rated at 15 tons, with crane spans measuring approximately 58 feet by 145 feet. The building is served by an electrical supply of approximately 4,000 amps at 480 volts and includes an exterior truckwell with capacity for additional expansion. The facility has frontage on a main road and is located just off M-53, and it is configured for manufacturing use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$28k
Tax billed · 2022
Assessed value · 2023$816k
Effective rate3.38%

Value estimate

· Oct 2026
$2.05M
$1.85M – $2.26M
Submarket $/SF estimate$2.03M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
County average, outlier-cleaned · 489 recorded sales of this use type
Observed band · Q1–Q3$43 – $94
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MI
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.2
Convenience Store8.3
Dry Cleaner8.1

Location

15211 Laethem Dr Armada, MI 48005-4034
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
73225 Fulton, Armada, MI 48005-4732 $200,000 Dec 2025 5,530 SF
74026 Tietz St, Armada, MI 48005-3229 $294,000 Dec 2025 No data
74130 Fulton, Armada, MI 48005-4881 $335,000 Feb 2022 9,213 SF
74091 Church, Armada, MI 48005-4710 $130,000 Aug 2019 3,714 SF
74081 Church, Armada, MI 48005-4710 $330,000 Aug 2019 4,676 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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