Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    26377 Ryan Rd Warren, MI 48091-1184

    • Assisted living facilities
    • 114,623 SF
    • 6.45 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1121966
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ukrainian Village Apartments / Apartment Complex
    • Daylight Garage Trouble Service / Garage Door Supplier

    Property Details for 26377 Ryan Rd

    Year built
    1984
    Lot size
    6.45 lot acres
    Property size
    114,623 SF
    Zone code
    R-3
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    12-13-19-278-015
    APU
    121319278015

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0681
    Latitude
    42.4864
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $86,367
    $0.00
    $0.00
    $3,256,550
    -
    $0.00
    $0.00
    $6,513,100

    Comparable in this City

    • Value Estimation by Request
      1,147 SF

      20745 Cyman Ave

      HOMES (RETIRED, NURSING) • 1,147 SF
      20745 Cyman Ave, Warren, MI 48091-2811
      View Details
    • Value Estimation by Request
      7,376 SF

      3900 9th Mile Rd

      HOMES (RETIRED, NURSING) • 7,376 SF
      3900 9th Mile Rd, Warren, MI 48091-3403
      View Details
    • Value Estimation by Request
      716 SF

      23423 Ryan Rd

      MEDICAL BUILDING • 716 SF
      23423 Ryan Rd, Warren, MI 48091-1927
      View Details
    • Value Estimation
      $520,000
      6,024 SF

      25932 Dequindre Rd

      MEDICAL BUILDING • 6,024 SF
      25932 Dequindre Rd, Warren, MI 48091-1071
      View Details
    • Value Estimation by Request
      1,844 SF

      4265 10th Mile Rd

      MEDICAL BUILDING • 1,844 SF
      4265 10th Mile Rd, Warren, MI 48091-1578
      View Details
    • Value Estimation by Request
      14,480 SF

      5700 11th Mile Rd

      MEDICAL BUILDING • 14,480 SF
      5700 11th Mile Rd, Warren, MI 48091-1229
      View Details

    Similar Nearby for Sale

    • $649,999
      7,050 SF

      Warren Industrial Property: Prime Location

      7,050 SF Industrial Space - Sale/Lease Options
      24657 Mound Rd, Warren, MI 48091
      View Details
    • $1,000,000
      118,000 SF

      Warren Industrial Portfolio: 118,000 SF

      Prime Warren location, high traffic, investment opportunity.
      24460 Dequindre Rd, Warren, MI 48091
      View Details
    • $179,000

      Cash-Flowing Duplex Investment Opportunity

      Well-maintained duplex with immediate income potential in Warren, Michigan.
      1940 Pearl Ave, Warren, MI 48091
      View Details
    • $150,000
      0.25 Acres

      Warren Land Ready For Development

      Vacant land zoned M-2, eligible for cultivation.
      2019 Riggs Ave, Warren, MI 48091
      View Details
    • Contact for pricing
      0.11 Acres

      Residential Land in Warren, MI

      Vacant residential land suitable for building in Warren, Michigan.
      12444 Vernon Ave, Warren, MI 48091
      View Details
    • $219,900
      2,256 SF

      Updated Duplex in Warren, MI

      Income-producing duplex with updated features in a growing area.
      7542 Meadow Ave, Warren, MI 48091
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,365 SF

      Warren Medical Office Building

      6,365 SF, 6,000 SF Vacant
      21635 Ryan Rd, Warren, MI 48091
      View Details
    • $18 SF/Yr
      25,596 SF

      7 Star Plaza: Warren Office Space

      Prime Warren Office, High Visibility, 3,900 SF Available
      7580 Nine Mile Rd, Warren, MI 48091
      View Details
    • New
      $2,500 /Mo
      3,500 SF

      Warren Medical Office Space Available

      3,500 Sqft medical office space for lease in Warren.
      25932 Dequindre Rd, Warren, MI 48091
      View Details
    • $2,600 /Mo

      Medical Office Suites For Lease

      Medical office suites available for lease in Warren, Michigan.
      9 Mile Rd Mi 48091, Warren, MI 48091
      View Details
    • $11 SF/Yr
      15,000 SF

      Macomb County Warehouse For Lease

      15,000 SF Warehouse, Excellent Location
      24660 Dequindre Rd, Warren, MI 48091
      View Details
    • $7 SF/Yr
      19,800 SF

      Warren MI Industrial Manufacturing Space

      19,800 SF Warehouse, 1.25 Acres
      23250 Sherwood Ave, Warren, MI 48091
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    26377 Ryan Rd
    Warren, MI 48091-1184
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.