Property profile

31465 Stephenson Hwy Madison Heights, MI 48071

OFF-MARKET
Manufacturing properties
Property ID
US43-1303249
32,429 SF 1.59 ac lot Built 1955
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1955
Total area 32,429 SF
Lot 1.59 ac (69,260 SF)
Zoning code M-1 LT
APN 44-25-02-327-005
UPID US43-1303249

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
  • Building Supply Metal Fabrication Plant

Location

31465 Stephenson Hwy Madison Heights, MI 48071-1623
Madison Heights metro Census 181100 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
$2.15M
Blend (final) Blend
$460k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2000
Price N/A

Zoning & alternative use

M-1 LT · Madison Heights, MI
Top alternative use upside
Neighborhood: shopping center $3.0M +23.8%

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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