Property profile

255 Bailey St Romeo, MI 48065

OFF-MARKET
Office buildings
Property ID
US43-0185405
6,267 SF 0.26 ac lot Built 1950
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Total area 6,267 SF
Lot 0.26 ac (11,238 SF)
Zoning code VERIFY
APN 27-01-35-379-007
UPID US43-0185405

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
  • Employment Agency
  • Pediatrician Physician

Location

255 Bailey St Romeo, MI 48065-4704
Romeo metro Census 206700 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
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A

Zoning & alternative use

VERIFY · Romeo, MI

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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