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Property profile & analytics
OFF-MARKET
Office buildings
24001 Orch Lk Rd Ste 190 Farmington, MI 48336-2547
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0070891
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
2,207 SF
Lot
0.04 ac (1,742 SF)
Zoning code
C2
APN
20-23-27-232-001
UPID
US43-0070891
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sal Office LLC · 4 yrs held
Sal Office LLC
since 2021
Last sale
$300,000
6 recorded transactions
Zoning & alternative use
C2 · Farmington, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,933
Tax year 2023
Assessed value
$167,210
Assessed 2024
Previous assessed
$161,410
+3.6% YoY
Effective rate
5.34%
On assessed value
Total market value
$334,420
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
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,207 SF
Lot
0.04 ac (1,742 SF)
Zoning code
C2
APN
20-23-27-232-001
UPID
US43-0070891
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.
Building & site characteristics
From public records
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Sal Office LLC
Entity
Free & Clear · 4 yrs held
Mailing address
30240 MACINTOSH LN, NEW HUDSON, MI 48165-8909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
—
Sai Office LLC
—
Deed
related
$240,000 · Genisys Cu
Oct 29, 2021
$300,000
Sal Office LLC
Micdeb Properties LLC
Warranty Deed
—
Oct 30, 2006
$402,841
J 4 Properties LLC
Bar Man Properties LLC
Corporation Deed
$80,000 · National City Bank
Oct 9, 2006
—
Micdeb Properties LLC
Bar-man Properties LLC
Quit Claim Deed
related
—
Jul 24, 2006
$260,620
Micdeb Properties LLC
Bar-man Properties LLC
Warranty Deed
—
Nov 16, 2005
—
Bar-man Properties LLC
Luster INC
Warranty Deed
$2,100,000 · Citizens Federal Bank Fsb
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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