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25005-25029 Van Dyke Ave, Center Line, MI 48015
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Property summary
AI-generated overview
This exceptional retail property, located at 25005 Van Dyke Ave in Center Line, Michigan, 48015, presents a unique investment opportunity. The property, classified as Class B, boasts a total building area of 3,922 square feet situated on a 3,922 square foot lot. Currently, all 3,922 square feet are vacant, offering immediate occupancy for multiple tenants. The building, constructed in 1974, is zoned B-1A Van Dyke Downtown District and features four available spaces ranging from 1,846 to 2,052 square feet each, ideal for a variety of retail businesses. This free-standing building is part of a strip center and benefits from its prime location on Van Dyke Avenue, a heavily trafficked road in Center Line, experiencing approximately 32,911 vehicles daily. The property's strategic position just south of the I-696 freeway ensures high visibility and accessibility, making it an attractive destination for customers. This is a rare chance to acquire a well-located retail space in a thriving area with significant potential for growth and return on investment. The property's size and zoning provide flexibility for various retail concepts. Serious inquiries are encouraged.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1974
Total area
74,740 SF
Lot
6.95 ac (302,611 SF)
Zoning code
COMM/IMPR
APN
01-13-21-479-028
UPID
US43-0113377
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
-
(Bike/Boat/Book/etc) Store
-
Atm
-
Atm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.82M
Blend (final)
Blend
$4.82M
Owner & transaction history
since 2016
6 recorded transactions
Zoning & alternative use
COMM/IMPR · Center Line, MI
Top alternative use upside
Retail stores
$7.8M
+30.1%
Office building
$7.1M
+18.3%
Auto repair, garage
$6.4M
+7.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.82M
Value range
$4.34M – $5.30M
±10% around blend
Estimated value / SF
$64 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$4.34M
blend $4.82M
$5.30M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
74,740 SF
Lot area
6.95 ac
Year built
1974
Stories
1
APN
01-13-21-479-028
Zoning
COMM/IMPR
Assessed value
$2,101,100
Annual tax
$116,555
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$116,555
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$4.82M
Range $3.72M – $7.54M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.82M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$80
-20%
Submarket 23 sales
$80
-20%
County 293 sales
$103
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $64/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+30%
vs current-use indication
Office Building
Auto Repair, Garage
Commercial (general) · current use
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.10M
Move the market yield to see immediate price impact.
Value / SF
$95
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$447k
$8.95M
$6.39M
$4.97M
$497k
$9.94M
$7.10M
$5.52M
$547k
$10.94M
$7.81M
$6.08M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$116,555
Tax year 2022
Assessed value
$2,101,100
Assessed 2023
Previous assessed
$1,979,500
+6.1% YoY
Effective rate
5.55%
On assessed value
Total market value
$4,202,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1974
Heating
FORCED AIR
Stories
1
Total area
74,740 SF
Lot
6.95 ac (302,611 SF)
Zoning code
COMM/IMPR
APN
01-13-21-479-028
UPID
US43-0113377
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
COMM/IMPR · Center Line, MIZoning COMM/IMPR · permitted uses
COMM/IMPR · Center Line, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
FORCED AIR
Stories
1
Lot
6.95 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
COMM/IMPR
Jurisdiction
Center Line, MI
Recorded code
COMM/IMPR
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for COMM/IMPR in Center Line, MI.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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