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Property profile & analytics
OFF-MARKET
Estimated value
$3,845,000
Warehouses
4565 White Lk Ct, Clarkston, MI 48346-2549
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0503762
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1996
Total area
32,400 SF
Lot
3.43 ac (149,411 SF)
Zoning code
ML
APN
J -08-31-302-010
UPID
US43-0503762
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
$4.97M
Comparable Approach
Comparable
$3.63M
Blend (final)
Blend
$3.85M
Owner & transaction history
Sroa 4550 White Lake Mi LLC · 7 yrs held
Sroa 4550 White Lake Mi LLC
since 2019
6 recorded transactions
Zoning & alternative use
ML · Clarkston, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.7M
+130.7%
Restaurant
$5.6M
+126.7%
Retail stores
$5.5M
+121.0%
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 Clarkston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarkston 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%
$5,385,000
6.5%
$4,970,000
7%
$4,615,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,475,000
Current use
COMMERCIAL (GENERAL)
$5,705,000
Change: +131% · Conversion: Difficult
RESTAURANT
$5,610,000
Change: +127% · Conversion: Difficult
RETAIL STORES
$5,470,000
Change: +121% · Conversion: Moderate
MEDICAL BUILDING
$5,115,000
Change: +107% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,970,000
Change: +60% · Conversion: Easy
OFFICE BUILDING
$3,800,000
Change: +54% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,015,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$3.85M
Range $3.46M – $4.23M · ±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
$119 / 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
$56,022
Tax year 2023
Assessed value
$1,272,700
Assessed 2024
Previous assessed
$1,195,500
+6.5% YoY
Effective rate
4.40%
On assessed value
Assessed land
$294,300
Assessed improvement
$978,400
Land market value
$588,600
Improvement market value
$1,956,800
Total market value
$2,545,400
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Stories
1
Total area
32,400 SF
Lot
3.43 ac (149,411 SF)
Zoning code
ML
APN
J -08-31-302-010
UPID
US43-0503762
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
ML · Clarkston, MI
Zoning ML · permitted uses
ML · Clarkston, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clarkston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$5.7M
RESTAURANT
Est. value
$5.6M
RETAIL STORES
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
1996
Heating
FORCED AIR
Stories
1
Lot
3.43 ac
Current owner
From public records · entity-resolved
Sroa 4550 White Lake Mi LLC
Entity
Mailing address
2751 S DIXIE HWY #450, WEST PALM BEACH, FL 33405-1233
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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 13, 2019
—
Sroa 4550 White Lake Mi LLC
191 III Cube Mi Sub LLC
Trustees Deed
$166,650,000 · Miscellaneous Ins Co
May 2, 2013
—
Storage Pros Clarkston LLC
White Lake Mini Storage LLC
Quit Claim Deed
related
$3,260,000 · Natixis Real Estate Capital
Jan 6, 2011
$1,700,000
White Lake Mini-storage LLC
Oxford Bk
Grant Deed
$1,255,000 · Oxford Bank & Trust
May 27, 2010
—
Oxford Bk
Clarkston Mini Storage LLC
Grant Deed
related
—
Dec 13, 2002
—
C N D Land Co LLC
Skibowski,gary & Esther
Grant Deed
$1,300,000 · Oxford Bank
Dec 5, 2002
—
Richard Ayers
Clarkston Mini Storage LLC
Quit Claim Deed
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.
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