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Property profile & analytics
OFF-MARKET
Estimated value
$14,815,000
Manufacturing properties
36211 Huron Rd New Boston, MI 48164-9513
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1762451
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Total area
284,662 SF
Lot
17.27 ac (752,281 SF)
Zoning code
I3 PLAN
APN
75 077 99 0004 003
UPID
US43-1762451
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
-
Target Metal Blanking Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.81M
Blend (final)
Blend
$14.82M
Owner & transaction history
Ub Set New Boston LLC · 13 yrs held
Ub Set New Boston LLC
since 2012
3 recorded transactions
Zoning & alternative use
I3 PLAN · New Boston, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$23.4M
+66.0%
Neighborhood: shopping center
$22.7M
+60.8%
Restaurant
$22.0M
+55.9%
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 New Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Boston 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
INDUSTRIAL (GENERAL)
$14,090,000
Current use
RETAIL STORES
$23,390,000
Change: +66% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$22,650,000
Change: +61% · Conversion: Difficult
RESTAURANT
$21,955,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$14.82M
Range $13.33M – $16.30M · ±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
$52 / 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
$285,720
Tax year 2023
Assessed value
$5,696,200
Assessed 2024
Previous assessed
$5,179,400
+10.0% YoY
Effective rate
5.02%
On assessed value
Total market value
$11,392,400
Applied tax rate
82,340.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
284,662 SF
Lot
17.27 ac (752,281 SF)
Zoning code
I3 PLAN
APN
75 077 99 0004 003
UPID
US43-1762451
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
I3 PLAN · New Boston, MI
Zoning I3 PLAN · permitted uses
I3 PLAN · New Boston, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Boston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$14.1M
RETAIL STORES
Est. value
$23.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.7M
RESTAURANT
Est. value
$22.0M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1988
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
17.27 ac
Current owner
From public records · entity-resolved
Ub Set New Boston LLC
Entity
Mailing address
9450 BRYN MAWR AVE STE #750, ROSEMONT, IL 60018-5253
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2012
—
Ub Set New Boston LLC
Nl Ventures Vi Huron LLC
Other
$102,720,000 · The Royal Bank Of Scotland Plc
May 4, 2007
—
Nl Ventures Vi Huron LLC
Set Enterprises INC
Grant Deed
—
—
—
Nl Ventures Vi Huron LLC
—
Deed Of Trust
related
$8,250,000 · Protective Life Insurance Co
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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