Property profile

41106 5th Mile Rd Plymouth, MI 48170

OFF-MARKET
Strip malls
Property ID
US43-1612502
6,144 SF 0.94 ac lot Built 1967
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1967
Total area 6,144 SF
Lot 0.94 ac (40,946 SF)
Zoning code B-1
APN 77 051 99 0004 000
UPID US43-1612502

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
  • Bakery Specialty Food Shop

Location

41106 5th Mile Rd Plymouth, MI 48170-2665
Plymouth metro Census 560400 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
$665k
Blend (final) Blend
$825k

Owner & transaction history

since 2025
Last sale
$900,000
4 recorded transactions
2025
$900,000
2021
$900,000
2017
Price N/A
2017
$275,000

Zoning & alternative use

B-1 · Plymouth, MI
Zoning description

• Allow the one-half of the alley for the rear yard setback in O-1, O-2, & B-1 to be across all zoning districts if the alleys are not regularly used. • Move parking requirements in footnotes (h), (j), (m) and (t) to the…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $1.4M +187.0%
Commercial (general) $675,000 +38.0%
Restaurant $635,000 +30.1%

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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