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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office buildings
22500 Orch Lk Rd, Farmington, MI 48336-3242
Entity Owned
10-yr Hold
Free & Clear
Property ID
US43-0069076
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1958
Total area
5,640 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C2
APN
20-23-26-355-002
UPID
US43-0069076
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
-
HandyPro of Farmington Hills Hardware & Home Improvement General Contractor
-
Silverwood Appraisal & Invest Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$548k
Blend (final)
Blend
$510k
Owner & transaction history
K & D Paul Enterprises LLC · 10 yrs held
K & D Paul Enterprises LLC
since 2016
7 recorded transactions
Zoning & alternative use
C2 · Farmington, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$690,000
+5.3%
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 Farmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$655,000
Current use
AUTO REPAIR, GARAGE
$690,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$90 / 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
$10,861
Tax year 2023
Assessed value
$257,360
Assessed 2024
Previous assessed
$246,100
+4.6% YoY
Effective rate
4.22%
On assessed value
Total market value
$514,720
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
1958
Heating
ZONE
Buildings
2
Stories
1
Units
1
Total area
5,640 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C2
APN
20-23-26-355-002
UPID
US43-0069076
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C2 · Farmington, MI
Zoning C2 · permitted uses
C2 · Farmington, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$690,000
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
1958
Heating
ZONE
Stories
1
Buildings
2
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
K & D Paul Enterprises LLC
Entity
Free & Clear · 10 yrs held
Mailing address
22500 ORCH LK RD, FARMINGTON, MI 48336-3242
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2016
—
K & D Paul Ents LLC
—
Deed
related
$122,000 · Community Dev Commission
Feb 3, 2016
$325,000
K & D Paul Enterprises LLC
22500 Holding LLC
Warranty Deed
—
Nov 20, 2013
$350,000
22500 Holdings LLC
Courtland Associates INC
Warranty Deed
—
Jul 1, 2013
—
22500 Holdings LLC
Courtland Associates INC
Quit Claim Deed
—
Sep 10, 2003
$350,000
Courtland Associates INC
Colonial Office LLC
Grant Deed
$262,500 · Charter One Bank
—
—
Colonial Office LLC
—
Deed Of Trust
related
$33,000 · Perrin Fordree & Co PC
—
—
22500 Holdings LLC
—
Deed Of Trust
related
$70,000 · Greenseed LLC
—
—
Colonial Office LLC
—
Deed Of Trust
related
$290,000 · Standard Federal Bank
—
—
K & D Paul Ents LLC
—
Deed Of Trust
related
$122,000 · Community Dev Commission
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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