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Property profile & analytics
FOR LEASE
Commercial real estate
375 Barclay Cir, Rochester Hills, MI 48307
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1210970
For Lease
1 / 2
$17 SF/Yr
375 Barclay Cir, Rochester Hills, MI 48307
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Total area
9,846 SF
Lot
1.31 ac (57,064 SF)
Zoning code
BI
APN
70-15-26-327-025
UPID
US43-1210970
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.34M
Blend (final)
Blend
$3.34M
Owner & transaction history
Kr Holding Company LLC · 1 yrs held
Kr Holding Company LLC
since 2024
5 recorded transactions
Zoning & alternative use
BI · Rochester Hills, 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 Rochester Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rochester Hills 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
Blend value · Realmo final
$3.34M
Range $3.00M – $3.67M · ±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
$339 / 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
$38,785
Tax year 2022
Assessed value
$875,810
Assessed 2022
Previous assessed
$875,810
+0.0% YoY
Effective rate
4.43%
On assessed value
Total market value
$1,751,620
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1989
Heating
ZONE
Cooling
YES
Stories
1
Units
1
Total area
9,846 SF
Lot
1.31 ac (57,064 SF)
Zoning code
BI
APN
70-15-26-327-025
UPID
US43-1210970
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Rochester Hills, MI
Zoning BI · permitted uses
BI · Rochester Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rochester Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
ZONE
Cooling
Yes
Stories
1
Units
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Kr Holding Company LLC
Entity
Mailing address
375 BARCLAY CIR, ROCHESTER HILLS, MI 48307-4511
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2024
—
Kr Holding Company LLC
Md Eye Center LLC
Warranty Deed
$1,856,250 · Community Choice Cu
Sep 7, 2022
—
M D Eye Center LLC
—
Deed
related
$1,100,000 · Health Advantage Federal Cu
Jun 1, 2016
—
Md Eye Center LLC
—
Deed
related
$807,000 · Jpmorgan Chase Bank NA
—
—
M D Eye Center LLC
—
Deed Of Trust
related
$661,265 · Comerica Bank
—
—
M D Eye Center LLC
—
Deed Of Trust
related
$360,000 · Comerica Bank
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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