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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Motels
32700 Barrington St, Madison Heights, MI 48071-1346
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US43-1710797
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1982
Total area
31,275 SF
Lot
1.7 ac (74,052 SF)
Zoning code
B-3 GEN
APN
44-25-02-226-016
UPID
US43-1710797
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
-
Motel 6 Madison Heights, MI - Detroit Northeast Hotel & Motel
-
Travelodge by Wyndham Madison Heights MI Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$726k
Blend (final)
Blend
$725k
Owner & transaction history
Barrington Lodging LLC · 6 yrs held
Barrington Lodging LLC
since 2019
7 recorded transactions
Zoning & alternative use
B-3 GEN · Madison Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Madison Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison Heights 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
HOTEL/MOTEL
$695,000
Current use
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$23 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$61,987
Tax year 2023
Assessed value
$1,123,130
Assessed 2024
Previous assessed
$1,103,410
+1.8% YoY
Effective rate
5.52%
On assessed value
Total market value
$2,246,260
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1982
Heating
HEAT PUMP
Stories
2
Units
1
Total area
31,275 SF
Lot
1.7 ac (74,052 SF)
Zoning code
B-3 GEN
APN
44-25-02-226-016
UPID
US43-1710797
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 GEN · Madison Heights, MI
Zoning B-3 GEN · permitted uses
B-3 GEN · Madison Heights, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$695,000
HOTEL/MOTEL Current
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
1982
Heating
HEAT PUMP
Stories
2
Units
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Barrington Lodging LLC
Entity
Mailing address
32700 BARRINGTON ST, MADISON HEIGHTS, MI 48071-1346
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2024
—
Barrington Loanding LLC
—
Deed
related
$3,000,000 · Rivers Edge Investment Of Michigan INC
Oct 16, 2019
$3,100,000
Barrington Lodging LLC
G6 Hospitality Property LLC
Warranty Deed
—
Sep 15, 2017
—
G6 Hospitality Property LLC
—
Deed
related
—
Aug 10, 2017
—
G6 Hospitality Property LLC
—
Deed
related
$201,000,000 · Jpmorgan Chase Bank NA
May 17, 2012
—
Motel 6 Operating LP
Acrem III Business Trust
Grant Deed
—
Jun 8, 1998
—
Wilmington Trust Co Trustee
—
Deed Of Trust
related
$52,533,412 · Nomura Asset Capital Corp
Jun 2, 1998
—
William J Wade Trustee
Motel 6 Opoerating LP
Trustees Deed
related
—
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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