Property profile

32032 Michigan Ave Wayne, MI 48184

OFF-MARKET
Office buildings
Property ID
US43-1543159
1,280 SF 0.05 ac lot Built 1947
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1947
Total area 1,280 SF
Lot 0.05 ac (2,178 SF)
APN 55 002 01 1230 000
UPID US43-1543159

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

32032 Michigan Ave Wayne, MI 48184-1447
Wayne metro Census 566400 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
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2019
7 recorded transactions
2019
$70,000
2019
Price N/A
2018
$22,810
2018
$28,952
2018
$9,481
2015
Price N/A
2014
Price N/A

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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