Property profile

31489 John R Rd 31499 Madison Heights, MI 48071

OFF-MARKET
Office buildings
Property ID
US43-0206767
6,574 SF 0.47 ac lot Built 1990
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Total area 6,574 SF
Lot 0.47 ac (20,473 SF)
Zoning code B-1 LOC
APN 44-25-02-477-020
UPID US43-0206767

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
  • High School
  • Grocery & Convenience Store Food Market

Location

31489 John R Rd, Unit 31499 Madison Heights, MI 48071-4653
Madison Heights metro Census 181001 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$668k
Blend (final) Blend
$305k

Owner & transaction history

since 2026
3 recorded transactions
2026
$790,000
2018
Price N/A
2000
Price N/A

Zoning & alternative use

B-1 LOC · Madison Heights, MI
Top alternative use upside
Auto repair, garage $805,000 +4.5%

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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