Property profile

255 2nd St Rochester, MI 48307

OFF-MARKET
Banks
Property ID
US43-4425991
3,505 SF 0.76 ac lot Built 1975
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1975
Total area 3,505 SF
Lot 0.76 ac (33,106 SF)
Zoning code II
APN 68-15-14-108-018
UPID US43-4425991

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
  • Insurance Agency
  • Bank Loan Service
  • Atm Bank
  • Atm
  • Loan Service Bank

Location

255 2nd St Rochester, MI 48307-2003
Rochester metro Census 191200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$514k
Blend (final) Blend
$360k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2024
Price N/A
2024
$1.1M
2023
Price N/A
2021
Price N/A
2019
Price N/A
2015
Price N/A

Zoning & alternative use

II · Rochester, MI
Top alternative use upside
Retail stores $480,000 +30.8%

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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