Technical
Financial
Distress signals
Property profile

3933 12th Mile Rd Berkley, MI 48072

OFF-MARKET
Day care centers
Property ID
US43-1583975
4,962 SF 0.19 ac lot Built 1915
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1915
Construction BRICK
Total area 4,962 SF
Lot 0.19 ac (8,276 SF)
Zoning code BI
APN 04-25-18-103-028
UPID US43-1583975

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
  • Daycare Center
  • HVAC Service

Location

3933 12th Mile Rd Berkley, MI 48072-1117
Berkley metro Census 170200 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
$698k
Blend (final) Blend
$175k

Owner & transaction history

since 2016
5 recorded transactions
2018
Price N/A
2017
Price N/A
2016
Price N/A
2016
$220,000
2014
$151,547

Zoning & alternative use

BI · Berkley, MI
Top alternative use upside
Commercial (general) $875,000 +28.8%
Retail stores $840,000 +23.4%
Medical building $785,000 +15.4%

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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