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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Manufacturing properties
4077 Pioneer Dr, Commerce Township, MI 48390-1354
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0264561
Property summary
AI-generated overview
This exceptional 13,000-square-foot warehouse, located at 4077 Pioneer Drive in Commerce Charter Township, Michigan, presents a significant opportunity for businesses seeking ample space and convenient access. The property boasts a single-tenant occupancy, offering complete control and privacy. The warehouse features impressive ceiling heights ranging from 20 to 22 feet, providing ample vertical storage capacity. Four drive-in doors ensure efficient loading and unloading operations, streamlining logistics and maximizing productivity. The property is equipped with robust power capabilities, including 1600 amps of 240-volt power, suitable for a wide range of industrial applications. Situated in Oakland County, this location offers excellent access to major transportation routes, facilitating seamless distribution and connectivity. The entire 13,000 square feet is currently vacant and ready for immediate occupancy. The property's zip code is 48390. This warehouse is ideal for businesses requiring substantial space and robust infrastructure in a prime Oakland County location. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Total area
14,230 SF
Lot
1.15 ac (50,094 SF)
Zoning code
II
APN
E -17-13-326-034
UPID
US43-0264561
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
$1.52M
Blend (final)
Blend
$1.26M
Owner & transaction history
Treefort Holdings LLC · 16 yrs held
Treefort Holdings LLC
since 2009
7 recorded transactions
Zoning & alternative use
II · Commerce Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+51.4%
Neighborhood: shopping center
$1.3M
+14.9%
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 Commerce Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce Township 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)
$1,150,000
Current use
AUTO REPAIR, GARAGE
$1,745,000
Change: +51% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,325,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$89 / 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
$18,527
Tax year 2023
Assessed value
$584,500
Assessed 2024
Previous assessed
$529,150
+10.5% YoY
Effective rate
3.17%
On assessed value
Total market value
$1,169,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2000
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
14,230 SF
Lot
1.15 ac (50,094 SF)
Zoning code
II
APN
E -17-13-326-034
UPID
US43-0264561
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
II · Commerce Township, MI
Zoning II · permitted uses
II · Commerce Township, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Commerce Township. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2000
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Treefort Holdings LLC
Entity
Mailing address
7205 DEER LK RD, CLARKSTON, MI 48346-1212
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2020
—
Treefort Holdings LLC
—
Deed
related
$600,000 · Huron Valley State Bank
Jul 20, 2017
—
Treefort Holdings LLC
—
Trustees Deed
related
$540,000 · Huron Vly State Bk
Oct 5, 2009
$625,000
Treefort Holdings LLC
Tayana Properties LLC
Warranty Deed
$250,000 · Citizens Federal Bank Fsb
Jan 4, 2001
—
Tayana Properties LLC
—
Trustees Deed
related
$600,000 · Standard Federal Bank
Jan 20, 2000
$140,000
Douglas Cornwall
Cheyne Management LLC
Grant Deed
—
Dec 17, 1999
$170,000
Tayana Properties LLC
Cornwall,douglas & Wendy J
Grant Deed
—
—
—
Douglas T Cornwall
—
Deed Of Trust
related
$500,000 · Great Lakes Nat'l Bank Michiga
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
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