New search
Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Office buildings
36622 Grn St, New Baltimore, MI 48047-2538
Entity Owned
7-yr Hold
Free & Clear
Property ID
US43-5230654
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
7,473 SF
Lot
0.51 ac (22,390 SF)
Zoning code
BT
APN
06-09-13-436-012
UPID
US43-5230654
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
-
Roger Martin, Real Living Kee Realty-New Baltimore Real Estate Agency
-
Lori Chattinger, Real Living Kee Realty-New Baltimore Real Estate Agency
-
Julie Fraser, Berkshire Hathaway Kee Realty Real Estate Agency
-
Ryan Dolman, Berkshire Hathaway HomeServices Kee Realty NB Real Estate Agency
-
Susan Dutcher, Berkshire Hathaway HomeServices Kee Realty NB Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$910k
Blend (final)
Blend
$910k
Owner & transaction history
36622 Green Street LLC · 7 yrs held
36622 Green Street LLC
since 2019
4 recorded transactions
Zoning & alternative use
BT · New Baltimore, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+96.1%
Restaurant
$1.1M
+49.5%
Medical building
$920,000
+29.6%
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 Baltimore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Baltimore 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
OFFICE BUILDING
$710,000
Current use
RETAIL STORES
$1,390,000
Change: +96% · Conversion: Moderate
RESTAURANT
$1,060,000
Change: +50% · Conversion: Moderate
MEDICAL BUILDING
$920,000
Change: +30% · Conversion: Easy
COMMERCIAL (GENERAL)
$770,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$645,000
Change: -9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$585,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$122 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$20,406
Tax year 2022
Assessed value
$407,500
Assessed 2023
Previous assessed
$402,200
+1.3% YoY
Effective rate
5.01%
On assessed value
Total market value
$815,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Stories
1
Total area
7,473 SF
Lot
0.51 ac (22,390 SF)
Zoning code
BT
APN
06-09-13-436-012
UPID
US43-5230654
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BT · New Baltimore, MI
Zoning BT · permitted uses
BT · New Baltimore, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Baltimore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$710,000
RETAIL STORES
Est. value
$1.4M
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$920,000
COMMERCIAL (GENERAL)
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$645,000
INDUSTRIAL (GENERAL)
Est. value
$585,000
OFFICE BUILDING Current
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1989
Heating
FORCED AIR
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
36622 Green Street LLC
Entity
Free & Clear · 7 yrs held
Mailing address
15501 METROPOLITAN PKWY STE #105, CLINTON TOWNSHIP, MI 48036-1684
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2019
$822,500
36622 Green Street LLC
Baystone Holdings LLC
Warranty Deed
—
Dec 11, 2017
—
36622 Green Street LLC
Baystone Holdings LLC
Quit Claim Deed
related
—
Oct 14, 2015
$750,000
Baystone Holdings LLC
Baypointe Enterprises LLC
Warranty Deed
—
Jan 10, 2006
$737,308
Baypointe Ents LLC
Grant,richard L & Susan E
Warranty Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 36622 Grn St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
