Property profile

375 2nd St Rochester, MI 48307

OFF-MARKET
Commercial land
Property ID
US43-5180300
17,182 SF 1.52 ac lot Built 1975
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1975
Total area 17,182 SF
Lot 1.52 ac (66,211 SF)
Zoning code II
APN 68-15-14-107-017
UPID US43-5180300

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Business Management Consultant

Location

375 2nd St Rochester, MI 48307-6716
Rochester metro Census 191200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.44M
Blend (final) Blend
$2.44M

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2014
$1.3M
2006
$1.3M
2005
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

II · Rochester, MI

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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