Back to Search
Property profile & analytics
FOR SALE
Government properties
15341 19 Mile Rd Clinton Twp, MI 48038
Entity Owned
7-yr Hold
Free & Clear
Property ID
US43-1500923
For Sale
1 / 12
Contact for pricing
15341 19 Mile Rd, Clinton Twp, MI 48038
View Listing →
Property profile
Verified
Property type
Government properties
Use group
CENTRALLY ASSESSED
Year built
2001
Total area
3,888 SF
Lot
0.74 ac (32,147 SF)
Zoning code
B-3
APN
16-11-06-351-018
UPID
US43-1500923
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
by Request
Comparable Approach
Comparable
$829k
Blend (final)
Blend
$830k
Owner & transaction history
Lb-ubs 2007-c6 Mi 1 Prop LLC · 7 yrs held
Lb-ubs 2007-c6 Mi 1 Prop LLC
since 2019
5 recorded transactions
Zoning & alternative use
B-3 · Clinton Township, 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 Clinton Twp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton Twp 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$213 / 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
$22,461
Tax year 2022
Assessed value
$433,200
Assessed 2023
Previous assessed
$384,800
+12.6% YoY
Effective rate
5.18%
On assessed value
Total market value
$866,400
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
Government properties
Use group
CENTRALLY ASSESSED
Status
For Sale
Year built
2001
Heating
PACKAGE
Stories
1
Total area
3,888 SF
Lot
0.74 ac (32,147 SF)
Zoning code
B-3
APN
16-11-06-351-018
UPID
US43-1500923
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Clinton Township, MIZoning B-3 · permitted uses
B-3 · Clinton Township, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Heating
PACKAGE
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Lb-ubs 2007-c6 Mi 1 Prop LLC
Entity
Free & Clear · 7 yrs held
Mailing address
15341 19TH MILE RD, CLINTON TOWNSHIP, MI 48038-3558
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
—
Nemerclgm LLC
—
Deed
related
$1,360,000 · Wesbanco Bank INC
Nov 30, 2020
—
Nemerclgm LLC
—
Deed
related
$1,160,000 · Premier Bank
Feb 4, 2019
$4,774,737
Lb-ubs 2007-c6 Mi 1 Prop LLC
Deputy Sheriff Of Macomb County|cre Jv Mixed Fifte
Trustees Deed
related
—
Sep 14, 2006
$1,818,181
Cre Jv Mixed Fifteen Branch Ho
Charter One Bank NA
Grant Deed
—
Sep 14, 2006
—
Jv Mixed Fifteen Mi 1 B Cre
Cre Jv Mixed Fifteen Branch Ho
Quit Claim Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
