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Property profile & analytics
OFF-MARKET
Estimated value
$2,405,000
Day care centers
21700 Marlow St Oak Park, MI 48237-2604
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-5099102
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Total area
49,990 SF
Lot
2 ac (87,120 SF)
Zoning code
R-1
APN
52-25-31-176-007
UPID
US43-5099102
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
$2.42M
Blend (final)
Blend
$2.41M
Owner & transaction history
Harper Global Ents LLC · 11 yrs held
Harper Global Ents LLC
since 2015
3 recorded transactions
Zoning & alternative use
R-1 · Oak Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-1 one-family dwelling district. The R-1 one-family dwelling district is intended to provide an environment of one-family detached dwellings and accessory uses in structures within stable residential neighborhoods. b.
Zone name
One Family Residential
General category
RESIDENTIAL
Zone area
4,627.38 ac
Source
code of ordinances
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 Oak Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Park 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
$2.41M
Range $2.16M – $2.65M · ±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
$48 / 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
$13,258
Tax year 2023
Assessed value
$317,300
Assessed 2023
Previous assessed
$317,300
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$97,800
Assessed improvement
$219,500
Land market value
$195,600
Improvement market value
$439,000
Total market value
$634,600
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Heating
FORCED AIR
Stories
1
Total area
49,990 SF
Lot
2 ac (87,120 SF)
Zoning code
R-1
APN
52-25-31-176-007
UPID
US43-5099102
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
R-1 · Oak Park, MIZoning R-1 · permitted uses
R-1 · Oak Park, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-1 one-family dwelling district. The R-1 one-family dwelling district is intended to provide an environment of one-family detached dwellings and accessory uses in structures within stable residential neighborhoods. b.
Zone name
One Family Residential
General category
RESIDENTIAL
Zone area
4,627.38 ac
Source
code of ordinances
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Harper Global Ents LLC
Entity
Free & Clear · 11 yrs held
Mailing address
23125 GREATER MACK AVE UNIT #5, SAINT CLAIR SHORES, MI 48080-7701
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2015
$215,000
Harper Global Ents LLC
Academy Of America
Grant Deed
—
Oct 17, 2003
$190,000
Academy Of America
Oak Park School District
Quit Claim Deed
related
—
—
—
Academy Of Detroit North
—
Deed Of Trust
related
$850,000 · N B D Bank NA
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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