Property profile

23643 Vreeland Rd Flat Rock, MI 48134

OFF-MARKET
Manufacturing properties
Property ID
US43-1280782
7,560 SF 0.57 ac lot Built 1994
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1994
Total area 7,560 SF
Lot 0.57 ac (24,829 SF)
APN 58 100 01 0051 000
UPID US43-1280782

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor

Location

23643 Vreeland Rd Flat Rock, MI 48134-9469
Flat Rock metro Census 599001 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$530k
Blend (final) Blend
$415k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $710,000 +90.3%
Office building $665,000 +77.3%
Retail stores $620,000 +66.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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