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Property profile & analytics
OFF-MARKET
Warehouses
3448 11th Mile Rd Berkley, MI 48072-1210
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1569819
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1935
Total area
2,528 SF
Lot
0.46 ac (20,038 SF)
Zoning code
II
APN
04-25-18-379-028
UPID
US43-1569819
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
-
Fyke Sand & Gravel Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Four Seasons Restoration & Dev · 6 yrs held
Four Seasons Restoration & Dev
since 2019
7 recorded transactions
Zoning & alternative use
II · Berkley, 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 Berkley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berkley 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,603
Tax year 2023
Assessed value
$115,090
Assessed 2024
Previous assessed
$105,140
+9.5% YoY
Effective rate
4.00%
On assessed value
Total market value
$230,180
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1935
Heating
FORCED AIR
Stories
1
Units
1
Total area
2,528 SF
Lot
0.46 ac (20,038 SF)
Zoning code
II
APN
04-25-18-379-028
UPID
US43-1569819
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
II · Berkley, MI
Zoning II · permitted uses
II · Berkley, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berkley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Four Seasons Restoration & Dev
Individual
Mailing address
14471 W 11TH MILE RD, OAK PARK, MI 48237-1153
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Nov 21, 2019
—
Four Seasons Restoration & Dev
Glen Goldberg
Quit Claim Deed
related
—
Nov 10, 2011
—
Four Seasons Restoration
Goldberg,glen & Carol
Quit Claim Deed
related
—
Oct 15, 2001
$245,000
Glen Goldberg
Fyke,william P & Eula M
Grant Deed
—
Dec 23, 1998
—
Four Seasons Restoration
Four Seasons Restoration & Dev
Quit Claim Deed
related
—
Feb 20, 1998
—
Four Seasons Restoration
Goldberg,glen
Quit Claim Deed
related
—
Feb 3, 1998
—
Glen Goldberg
Fyke,william P & Eula M
Grant Deed
related
—
—
—
Season Restoration Dev Four
—
Deed Of Trust
related
$502,365 · Bank One NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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