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Property profile & analytics
FOR LEASE
Industrial properties
44191 Plymouth Oaks Blvd, Plymouth, MI 48170
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1647865
For Lease
1 / 3
$3,865,000
44191 Plymouth Oaks Blvd, Plymouth, MI 48170
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Total area
49,842 SF
Lot
4.31 ac (187,744 SF)
Zoning code
IND
APN
R-78-016-02-0017-312
UPID
US43-1647865
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
Current use
Occupant on record · Public records
-
DNA North America Paternity Testing Service
-
BARWIS Performance Center Gym & Fitness Center
-
Traxen Inc Corporate Office
-
Matthew Buckley Physician
-
Ethos Physical Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.87M
Blend (final)
Blend
$3.87M
Owner & transaction history
Consolidated Properties Oaks LLC · 4 yrs held
Consolidated Properties Oaks LLC
since 2022
7 recorded transactions
Zoning & alternative use
IND · Plymouth, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.5M
+118.0%
Restaurant
$5.2M
+105.5%
Office building
$4.8M
+92.7%
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 Plymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth 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)
$2,510,000
Current use
COMMERCIAL (GENERAL)
$5,475,000
Change: +118% · Conversion: Difficult
RESTAURANT
$5,160,000
Change: +106% · Conversion: Difficult
OFFICE BUILDING
$4,840,000
Change: +93% · Conversion: Difficult
MEDICAL BUILDING
$4,695,000
Change: +87% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,965,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$3,795,000
Change: +51% · Conversion: Moderate
Blend value · Realmo final
$3.87M
Range $3.48M – $4.25M · ±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
$78 / 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
$87,600
Tax year 2023
Assessed value
$1,792,900
Assessed 2024
Previous assessed
$1,756,800
+2.1% YoY
Effective rate
4.89%
On assessed value
Total market value
$3,585,800
Applied tax rate
82,100.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1989
Heating
FORCED AIR
Stories
1
Total area
49,842 SF
Lot
4.31 ac (187,744 SF)
Zoning code
IND
APN
R-78-016-02-0017-312
UPID
US43-1647865
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
IND · Plymouth, MI
Zoning IND · permitted uses
IND · Plymouth, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plymouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$5.5M
RESTAURANT
Est. value
$5.2M
OFFICE BUILDING
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
RETAIL STORES
Est. value
$3.8M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1989
Heating
FORCED AIR
Stories
1
Lot
4.31 ac
Current owner
From public records · entity-resolved
Consolidated Properties Oaks LLC
Entity
Mailing address
1 TOWNE SQ STE #1200, SOUTHFIELD, MI 48076-3708
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2022
—
Consolidated Properties Oaks LLC
Pilgrim Venture Partners LLC
Warranty Deed
$2,000,000 · United Farm Family Mutual Insurance
Dec 19, 2019
—
Pilgrim Venture Partners LLC
—
Deed
related
—
Feb 13, 2015
—
Pilgrim Venture Partners LLC
Alidade Plymouth Oaks LLC
Deed
$2,000,000 · Comerica Bank
Jan 31, 2013
—
Alidade Plymouth Oaks LLC
Jpmc 2007-ldp10 Michigan Indl
Grant Deed
—
Mar 15, 2012
$20,000,000
Jpmc 2007-ldp10 Michigan Indl
Deputy Sheriff Of Wayne County
Trustees Deed
related
—
—
—
Alidade Plymouth Oaks LLC
—
Loan Modification
related
$32,000,000 · Associated Bank
—
—
Alidade Plymouth Oaks LLC
—
Deed Of Trust
related
$10,500,000 · Associated Bank
—
—
Pilgrim Venture Partners LLC
—
Loan Modification
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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