Property profile

35122 Michigan Ave Wayne, MI 48184

OFF-MARKET
Office buildings
Property ID
US43-0386882
4,000 SF 0.05 ac lot Built 1859
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1859
Total area 4,000 SF
Lot 0.05 ac (2,178 SF)
APN 55 003 11 0087 004
UPID US43-0386882

Cap rate & NOI

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

Location

35122 Michigan Ave Wayne, MI 48184-1614
Wayne metro Census 566500 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
$425k

Owner & transaction history

since 2020
Last sale
$420,000
4 recorded transactions
2020
$420,000
2015
Price N/A
2015
Price N/A
2004
$82,000

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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