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Property profile & analytics
OFF-MARKET
Office buildings
26106 5th Mile Rd, Redford, MI 48239-3238
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1288197
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
CONCRETE BLOCKS
Total area
2,096 SF
Lot
0.13 ac (5,663 SF)
APN
79 020 02 0045 001
UPID
US43-1288197
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
Wade Re Investments LLC · 2 yrs held
Wade Re Investments LLC
since 2024
Last sale
$260,000
5 recorded transactions
Zoning & alternative use
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 Redford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redford 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 2019Property tax & assessments
Tax year 2019
Tax billed
$5,066
Tax year 2019
Assessed value
$71,700
Assessed 2024
Previous assessed
$71,100
+0.8% YoY
Effective rate
7.07%
On assessed value
Total market value
$143,400
Applied tax rate
82,110.0000
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
Year built
1955
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
2,096 SF
Lot
0.13 ac (5,663 SF)
APN
79 020 02 0045 001
UPID
US43-1288197
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Wade Re Investments LLC
Entity
Mailing address
30493 BARKLEY ST, LIVONIA, MI 48154-3637
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2024
$260,000
Wade Re Investments LLC
Kapa Investment Holdings LLC
Warranty Deed
$600,000 · Financial Plus Cu
Aug 21, 2020
$113,715
Kapa Investment Holdings LLC
Dios Management LLC
Warranty Deed
—
Sep 24, 2019
$55,000
Dios Management LLC
Gojuware Solutions LLC
Warranty Deed
—
Jan 22, 2007
$80,000
Kathleen J Kelly
Engelhardt Elfriede M Trust
Warranty Deed
—
Jul 27, 2005
$152,500
Gojuware Solutions LLC
Bosca,gene L & Irene E
Warranty Deed
—
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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