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Property profile & analytics
OFF-MARKET
Estimated value
$7,090,000
Office buildings
21680 Haggerty Rd, Northville, MI 48167-8994
Entity Owned
1-yr Hold
Free & Clear
Property ID
US43-0949714
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Total area
91,774 SF
Lot
7.68 ac (334,541 SF)
Zoning code
BI
APN
22-23-31-101-025
UPID
US43-0949714
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
Current use
Occupant on record · Public records
-
Gentherm Electronics & Wireless Store
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.19M
Comparable Approach
Comparable
$9.11M
Blend (final)
Blend
$7.09M
Owner & transaction history
21680 Haggerty Investment Partners · 1 yrs held
21680 Haggerty Investment Partners
since 2025
4 recorded transactions
Zoning & alternative use
BI · Northville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.3M
+4.5%
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 Northville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northville 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%
$5,615,000
6.5%
$5,185,000
7%
$4,815,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,765,000
Current use
AUTO REPAIR, GARAGE
$11,250,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$7.09M
Range $6.38M – $7.80M · ±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
$77 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$168,964
Tax year 2023
Assessed value
$5,277,340
Assessed 2024
Previous assessed
$5,040,180
+4.7% YoY
Effective rate
3.20%
On assessed value
Assessed land
$831,820
Assessed improvement
$4,445,520
Land market value
$1,663,640
Improvement market value
$8,891,040
Total market value
$10,554,680
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Stories
1
Total area
91,774 SF
Lot
7.68 ac (334,541 SF)
Zoning code
BI
APN
22-23-31-101-025
UPID
US43-0949714
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Northville, MI
Zoning BI · permitted uses
BI · Northville, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.8M
AUTO REPAIR, GARAGE
Est. value
$11.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Stories
1
Lot
7.68 ac
Current owner
From public records · entity-resolved
21680 Haggerty Investment Partners
Entity
Free & Clear · 1 yrs held
Mailing address
21680 HAGGERTY RD STE #101, NORTHVILLE, MI 48167-8994
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2025
—
21680 Haggerty Investment Partners
Gentherm Properties 1 LLC
Deed
—
Jul 28, 2015
—
City Of Farmington Hills
Gentherm Properties I LLC
Quit Claim Deed
related
—
Aug 6, 2013
—
Westridge Haggerty LLC
Bacm 2006-5 Haggerty Office Ll
Grant Deed
—
Feb 21, 2012
$9,981,861
Bacm 2006-5 Haggerty Office Ll
Sheriff Of Oakland County
Trustees Deed
related
—
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.
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