New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Warehouses
456 14th Mile Rd, Clawson, MI 48017-2112
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-2564206
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1958
Total area
11,531 SF
Lot
0.39 ac (16,988 SF)
Zoning code
BI
APN
16-25-03-126-004
UPID
US43-2564206
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
-
Green Garden Child Development Center - Clawson Daycare Center
-
Gateway Country Day School High School Daycare Center
-
Performance Painting Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$686k
Blend (final)
Blend
$1.10M
Owner & transaction history
Bateman Tank Management LLC · 2 yrs held
Bateman Tank Management LLC
since 2024
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
BI · Clawson, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+106.7%
Auto repair, garage
$1.4M
+60.5%
Office building
$1.4M
+53.6%
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 Clawson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clawson 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
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,065,000
7%
$990,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$880,000
Current use
MEDICAL BUILDING
$1,820,000
Change: +107% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,415,000
Change: +61% · Conversion: Easy
OFFICE BUILDING
$1,350,000
Change: +54% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,075,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (May 28 2024)
Last sale anchor
$1.10M
May 28 2024
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
$95 / 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
$6,195
Tax year 2023
Assessed value
$240,360
Assessed 2024
Previous assessed
$216,320
+11.1% YoY
Effective rate
2.58%
On assessed value
Total market value
$480,720
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1958
Heating
STEAM
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
11,531 SF
Lot
0.39 ac (16,988 SF)
Zoning code
BI
APN
16-25-03-126-004
UPID
US43-2564206
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Clawson, MI
Zoning BI · permitted uses
BI · Clawson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clawson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$880,000
MEDICAL BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1958
Heating
STEAM
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Bateman Tank Management LLC
Entity
Mailing address
910 S WASHINGTON AVE, ROYAL OAK, MI 48067-3216
Ownership since
2024
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
May 28, 2024
$1,100,000
Bateman Tank Management LLC
Lynn M Piontkowski Bilski
Warranty Deed
$559,000 · The State Bank
May 28, 2024
—
Bateman Tank Management LLC
—
Deed
related
$447,200 · The State Bank
May 23, 2014
—
Pgl Group INC
Gateway Child Care Services INC
Quit Claim Deed
related
—
Mar 9, 2001
$470,000
Pgl Group INC
Heritage Church Of Christ
Grant Deed
—
Mar 6, 2001
—
Gateway Child Care Svcs INC
Gateway Country Day School
Quit Claim Deed
related
—
—
—
Gateway Child Care Services
—
Deed Of Trust
related
$550,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 456 14th Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
