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Property profile & analytics
OFF-MARKET
Estimated value
$7,980,000
Warehouses
31855 Van Dyke Ave Warren, MI 48093-1047
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-1163930
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1957
Total area
94,319 SF
Lot
7.51 ac (327,136 SF)
Zoning code
MZ
APN
12-13-04-426-002
UPID
US43-1163930
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
Current use
Occupant on record · Public records
-
Standard Electric General Contractor
-
Madison Electric Building Supply Electrical Service
-
demand automation Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.98M
Blend (final)
Blend
$7.98M
Owner & transaction history
M & S Data Service Corporation · 4 yrs held
M & S Data Service Corporation
since 2022
2 recorded transactions
Zoning & alternative use
MZ · Warren, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.8M
+53.8%
Office building
$8.9M
+40.6%
Restaurant
$8.2M
+28.1%
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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,360,000
Current use
RETAIL STORES
$9,785,000
Change: +54% · Conversion: Moderate
OFFICE BUILDING
$8,945,000
Change: +41% · Conversion: Difficult
RESTAURANT
$8,150,000
Change: +28% · Conversion: Difficult
MEDICAL BUILDING
$7,610,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,350,000
Change: +16% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,145,000
Change: -3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,705,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$7.98M
Range $7.18M – $8.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$85 / SF
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 2022Property tax & assessments
Tax year 2022
Tax billed
$76,287
Tax year 2022
Assessed value
$3,044,230
Assessed 2023
Previous assessed
$1,729,350
+76.0% YoY
Effective rate
2.51%
On assessed value
Total market value
$6,088,460
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1957
Heating
FORCED AIR
Stories
1
Total area
94,319 SF
Lot
7.51 ac (327,136 SF)
Zoning code
MZ
APN
12-13-04-426-002
UPID
US43-1163930
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
MZ · Warren, MI
Zoning MZ · permitted uses
MZ · Warren, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warren. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.4M
RETAIL STORES
Est. value
$9.8M
OFFICE BUILDING
Est. value
$8.9M
RESTAURANT
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$6.1M
INDUSTRIAL (GENERAL)
Est. value
$5.7M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1957
Heating
FORCED AIR
Stories
1
Lot
7.51 ac
Current owner
From public records · entity-resolved
M & S Data Service Corporation
Entity
Mailing address
31855 VAN DYKE AVE, WARREN, MI 48093-1047
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2022
—
M & S Data Service Corporation
—
Deed
related
$4,000,000 · Comerica Bank
Sep 16, 2021
—
M & S Data Service Corporation
—
Deed
related
$3,500,000 · Comerica Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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