Realmo Analytics
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Property summary
This exceptional Southfield, Michigan property, located at 21455 Melrose Ave, 48075, offers a diverse range of office and industrial spaces totaling 378,762 square feet. Built in 1986 and renovated in 1990, the property features multiple tenancies and currently has 20,529 square feet of vacant space available, ranging from 1,312 to 12,430 square feet. The building boasts a 16-foot ceiling height and abundant onsite parking. The property is classified as Traditional Office, Executive Office,… Flex, Warehouse, and R&D space, making it suitable for a variety of businesses. Located in Oakland County, this property presents a unique opportunity for businesses seeking flexible and adaptable space. Rent is quoted on a triple-net (NNN) basis, with estimated NNN charges of approximately $4.25 per square foot annually, billed monthly. A $0.25 per square foot annual rent increase is subject to the lease. The quoted rent is for "as is" space and is subject to lease length and leasehold improvements. Gas and electric are separately metered and are the tenant's responsibility. The rental rate is subject to change based on tenant leasehold improvement requirements.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 56,100 SF
- Lot area
- 4.68 ac
- Year built
- 1987
- Stories
- 1
- APN
- 76-24-34-351-050
- Zoning
- I-L
- Assessed value · 2022
- $1,298,410
- Annual tax · 2022
- $84,949
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2022
- $84,949
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The I-L, Light Industrial District is designed so as to primarily accommodate wholesale activities, warehouses and industrial operations whose external, physical effects are restricted to the area of the district and in…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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