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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office buildings
43550 Elizabeth Rd Clinton Township, MI 48036-4807
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-1304022
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
6,232 SF
Lot
0.6 ac (26,310 SF)
Zoning code
OS-1
APN
16-11-02-376-012
UPID
US43-1304022
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
$350k
Comparable Approach
Comparable
$573k
Blend (final)
Blend
$530k
Owner & transaction history
Knz Properties LLC · 4 yrs held
Knz Properties LLC
since 2022
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
OS-1 · Clinton Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$765,000
+29.6%
Retail stores
$755,000
+28.0%
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 Clinton Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton 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
$500,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$380,000
6.5%
$350,000
7%
$325,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$590,000
Current use
MEDICAL BUILDING
$765,000
Change: +30% · Conversion: Easy
RETAIL STORES
$755,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$535,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $500k (Jan 21 2022)
Last sale anchor
$500k
Jan 21 2022
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
$85 / 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
$13,224
Tax year 2022
Assessed value
$256,600
Assessed 2023
Previous assessed
$256,800
-0.1% YoY
Effective rate
5.15%
On assessed value
Total market value
$513,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Stories
1
Total area
6,232 SF
Lot
0.6 ac (26,310 SF)
Zoning code
OS-1
APN
16-11-02-376-012
UPID
US43-1304022
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
OS-1 · Clinton Township, MI
Zoning OS-1 · permitted uses
OS-1 · Clinton Township, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clinton Township. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$590,000
MEDICAL BUILDING
Est. value
$765,000
RETAIL STORES
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$535,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
2003
Heating
FORCED AIR
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Knz Properties LLC
Entity
Mailing address
43550 ELIZABETH RD, CLINTON TOWNSHIP, MI 48036-4807
Ownership since
2022
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
Jan 21, 2022
$500,000
Knz Properties LLC
43550 Elizabeth LLC
Warranty Deed
—
Apr 7, 2017
$490,100
43550 Elizabeth LLC
A & W Property LLC
Warranty Deed
$125,000 · William Scully Investments LLC
Aug 4, 2014
$430,000
A & W Property LLC
Fifth Third Bank
Deed
—
Oct 3, 2013
—
Fifth Third Bk
Elm Tree LLC
Warranty Deed
—
—
—
Elm Tree LLC
—
Deed Of Trust
related
$753,742 · Fifth Third Bank
—
—
Elm Tree LLC
—
Deed Of Trust
related
$660,000 · Fifth Third 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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