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Property profile & analytics
OFF-MARKET
Estimated value
$3,350,000
Distribution centers
42200 Executive Dr, Harrison Township, MI 48045-1376
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0627937
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1994
Total area
62,692 SF
Lot
5.36 ac (233,264 SF)
Zoning code
WAREHOUSE
APN
17-12-07-301-031
UPID
US43-0627937
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
$3.35M
Blend (final)
Blend
$3.35M
Owner & transaction history
Mideti 06good Executive Drive LLC · 1 yrs held
Mideti 06good Executive Drive LLC
since 2025
6 recorded transactions
Zoning & alternative use
WAREHOUSE · Harrison Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.4M
+27.5%
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 Harrison Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrison 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
WAREHOUSE, STORAGE
$4,230,000
Current use
AUTO REPAIR, GARAGE
$5,390,000
Change: +28% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,085,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$3.35M
Range $3.02M – $3.69M · ±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
$53 / 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
$55,461
Tax year 2022
Assessed value
$1,278,300
Assessed 2023
Previous assessed
$1,132,900
+12.8% YoY
Effective rate
4.34%
On assessed value
Total market value
$2,556,600
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Stories
1
Total area
62,692 SF
Lot
5.36 ac (233,264 SF)
Zoning code
WAREHOUSE
APN
17-12-07-301-031
UPID
US43-0627937
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
WAREHOUSE · Harrison Township, MI
Zoning WAREHOUSE · permitted uses
WAREHOUSE · Harrison Township, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Harrison Township. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$5.4M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1994
Heating
FORCED AIR
Stories
1
Lot
5.36 ac
Current owner
From public records · entity-resolved
Mideti 06good Executive Drive LLC
Entity
Free & Clear · 1 yrs held
Mailing address
41935 W 12TH MILE RD, NOVI, MI 48377-3111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
—
Mideti 06good Executive Drive LLC
Yanfeng Intl Automotive Tech Us III
Deed
related
—
Apr 4, 2011
$215,956
Blakenburg Co LLC
Villemure,jacob
Grant Deed
—
Mar 15, 2011
—
USA Automotive Trim Sy Yanfeng
Blankenburg Co LLC
Warranty Deed
related
—
Sep 16, 2010
$210,673
Comerica Bk
Sheriff Of Macomb County
Trustees Deed
related
—
Jun 10, 2010
—
American Team INC
Amp Industries
Quit Claim Deed
related
—
—
—
Blakenburg Co
—
Deed Of Trust
related
$14,851,006 · 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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