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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    19721 Allen Rd Brownstown Twp, MI 48183-1021

    • Day care centers
    • 9,137 SF
    • 1.34 lot acres
    OFF-MARKET
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-2837569
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Day care centers

    Property Details for 19721 Allen Rd

    Year built
    2014
    Lot size
    1.34 lot acres
    Property size
    9,137 SF
    Zone code
    B-2
    Property type
    Day care centers
    APN
    70 036 01 0001 000
    APU
    70036010001000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $715,000
      Market price range: $207k - $716k
      AI Estimate
      $715,000
      Market price range: $207k - $716k

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $525,000
      Current use
      COMMERCIAL (GENERAL)
      $1,110,000
      Change: +112% Conversion: Difficult
      MEDICAL BUILDING
      $860,000
      Change: +64% Conversion: Difficult
      OFFICE BUILDING
      $800,000
      Change: +53% Conversion: Difficult
      RETAIL STORES
      $750,000
      Change: +43% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $725,000
      Change: +38% Conversion: Difficult
      RESTAURANT
      $705,000
      Change: +34% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brownstown Twp
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2259
    Latitude
    42.1605
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,434
    $0.00
    $0.00
    $671,200
    -
    $0.00
    $0.00
    $1,342,400

    Comparable in this City

    • Value Estimation by Request
      2,614 SF

      1671 Kingsway Ct

      DAY CARE, PRE-SCHOOL • 2,614 SF
      1671 Kingsway Ct, Trenton, MI 48183-1922
      View Details
    • Value Estimation
      $785,000
      10,018 SF

      22603 Telegraph Rd

      DAY CARE, PRE-SCHOOL • 10,018 SF
      22603 Telegraph Rd, Brownstown Twp, MI 48183-1331
      View Details
    • Value Estimation
      $5,115,000
      177,039 SF

      3304 Van Horn Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 177,039 SF
      3304 Van Horn Rd, Trenton, MI 48183-4017
      View Details
    • Value Estimation by Request
      6,676 SF

      2272 Jefferson Ave

      FUNERAL HOME • 6,676 SF
      2272 Jefferson Ave, Trenton, MI 48183-2115
      View Details
    • Value Estimation by Request
      3,735 SF

      1525 Camelot Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,735 SF
      1525 Camelot Dr, Trenton, MI 48183-1919
      View Details
    • Value Estimation by Request
      2,122 SF

      19200 Allen Rd

      KENNEL • 2,122 SF
      19200 Allen Rd, Brownstown Twp, MI 48183-1065
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      42,400 SF

      Former School Building on Large Lot

      42,400 SF school on 6.46 acres in Trenton.
      4049 Longmeadow Dr, Trenton, MI 48183
      View Details
    • $950,000
      6.46 Acres

      Trenton, MI: 6.46-Acre School Campus

      Large school campus, ideal for redevelopment.
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      Trenton Specialty Property for Sale

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      2,100 SF

      Turnkey Ministry Event Center

      Fully equipped ministry event center ready for immediate operation.
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      Westwood Auto Wash: Redevelopment Opportunity

      Prime Woodhaven, MI Car Wash Site - 3,821 SF
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      Established Landscape Company on 19 Acres

      Long-established landscape supply company for sale in Trenton, Michigan.
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    Similar Nearby for Lease

    • $4,400 /Mo
      13,947 SF

      Spacious Office Suites in Trenton

      Large office spaces available for lease in Brownstown Township.
      19366 Allen Rd, Trenton, MI 48183
      View Details
    • Contact for pricing

      Kingsway Court Commercial Space

      Commercial spaces available for rent on Kingsway Court.
      1550-1570 Kingsway Ct, Trenton, MI 48183
      View Details
    • $35 SF/Yr
      12,000 SF

      Shoppes of Woodhaven Medical Office Space

      Prime Medical Office Space in Woodhaven, MI. Large footprint available.
      21595 Allen Rd, Woodhaven, MI 48183
      View Details
    • $12,000 /Mo

      Industrial Building with Fenced Yard

      Move-in ready industrial building with fenced yard near I-75.
      26401 Hall Rd, Woodhaven, MI 48183
      View Details
    • Contact for pricing

      Trenton Warehouse: Prime Industrial Site

      1.7-Acre Warehouse, 20 Parking Spaces
      1 Jefferson Ave, Trenton, MI 48183
      View Details
    • $11 SF/Yr
      16,924 SF

      Prime Medical Office Space in Brownstown

      Modern medical suites, ample parking.
      19725 Allen Rd, Brownstown Charter Township, MI 48183
      View Details
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    Brownstown Twp, MI 48183-1021
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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