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Property profile & analytics
OFF-MARKET
Estimated value
$6,325,000
Warehouses
45789 Prt St, Plymouth, MI 48170-6010
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0374922
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
96,198 SF
Lot
5.89 ac (256,568 SF)
Zoning code
IND
APN
R-78-009-03-0088-002
UPID
US43-0374922
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
-
Aunt Millie's Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.33M
Blend (final)
Blend
$6.33M
Owner & transaction history
Bkg Dominion Port St LLC · 7 yrs held
Bkg Dominion Port St LLC
since 2019
4 recorded transactions
Zoning & alternative use
IND · Plymouth, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.0M
+153.7%
Office building
$9.3M
+138.0%
Medical building
$9.1M
+130.8%
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
WAREHOUSE, STORAGE
$3,925,000
Current use
RESTAURANT
$9,960,000
Change: +154% · Conversion: Difficult
OFFICE BUILDING
$9,345,000
Change: +138% · Conversion: Difficult
MEDICAL BUILDING
$9,060,000
Change: +131% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,655,000
Change: +95% · Conversion: Moderate
RETAIL STORES
$7,325,000
Change: +87% · Conversion: Moderate
Blend value · Realmo final
$6.33M
Range $5.69M – $6.96M · ±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
$66 / 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
$126,717
Tax year 2023
Assessed value
$2,486,400
Assessed 2024
Previous assessed
$2,482,900
+0.1% YoY
Effective rate
5.10%
On assessed value
Total market value
$4,972,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
96,198 SF
Lot
5.89 ac (256,568 SF)
Zoning code
IND
APN
R-78-009-03-0088-002
UPID
US43-0374922
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
WAREHOUSE, STORAGE Current
Est. value
$3.9M
RESTAURANT
Est. value
$10.0M
OFFICE BUILDING
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$9.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.7M
RETAIL STORES
Est. value
$7.3M
WAREHOUSE, STORAGE Current
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
1987
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
5.89 ac
Current owner
From public records · entity-resolved
Bkg Dominion Port St LLC
Entity
Mailing address
575 5TH AVE FL #366, NEW YORK, NY 10017-2422
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
—
G&i Xi Bkg Pool I LLC
—
Deed
related
$40,250,000 · Protective Life Insurance Co
Apr 26, 2023
—
G&i Xi Bkg Pool I LLC
—
Deed
related
$40,250,000 · Protective Life Insurance Co
May 30, 2019
—
Bkg Dominion Port St LLC
Perfection Bakeries INC
Trustees Deed
$7,350,000 · Miscellaneous Ins Co
Apr 30, 2018
—
Perfection Bakeries INC
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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