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Property profile & analytics
FOR LEASE
Office buildings
46600 Romeo Plank Rd Macomb, MI 48044
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US43-1264732
For Lease
1 / 4
$15.95 SF/Yr
46600 Romeo Plank Rd, Macomb, MI 48044
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Property summary
AI-generated overview
This Macomb County office property, the Macomb Office Center, offers 1,944 square feet of immediately available space in a single-story building constructed in 1996. The building is classified as Class D and sits on a 4.1-acre lot, providing ample parking with 110 spaces. The property is zoned O-1 and features prominent monument signage on Romeo Plank Road, ensuring excellent visibility and accessibility. The entire building encompasses 15,411 square feet, with a minimum divisible space of 1,944 square feet, and a maximum contiguous space also at 1,944 square feet. Currently, 1,944 square feet is vacant and ready for immediate occupancy. The property is professionally managed and offers a gross lease rate of $17.95 per square foot. Located near the intersection of 21 Mile and Romeo Plank Roads in Macomb County, this property presents a unique opportunity for businesses seeking efficient and well-located office space. The property's parcel number (APN) is 20-08-33-101-005. This is a multi-tenant building.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
13,410 SF
Lot
4.44 ac (193,406 SF)
Zoning code
O1
APN
20-08-33-101-005
UPID
US43-1264732
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
-
Land Development Consultants Services General Contractor
-
Mandy David R Do Pediatrician Medical Clinic
-
Crestview Dental/ Dr. Poniatowski Dental Office
-
FedEx Drop Box Postal Service Courier Service
-
MJC Companies Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.79M
Owner & transaction history
Plumgrove Officenter LLC · 7 yrs held
Plumgrove Officenter LLC
since 2019
4 recorded transactions
Zoning & alternative use
O1 · Macomb, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+49.5%
Medical building
$1.6M
+29.6%
Retail stores
$1.4M
+10.0%
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 Macomb submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macomb 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
OFFICE BUILDING
$1,270,000
Current use
RESTAURANT
$1,900,000
Change: +50% · Conversion: Moderate
MEDICAL BUILDING
$1,645,000
Change: +30% · Conversion: Easy
RETAIL STORES
$1,400,000
Change: +10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,380,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,155,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.79M
Range $1.61M – $1.96M · ±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
$133 / 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
$36,906
Tax year 2022
Assessed value
$942,600
Assessed 2023
Previous assessed
$955,400
-1.3% YoY
Effective rate
3.92%
On assessed value
Total market value
$1,885,200
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
For Lease
Year built
1996
Heating
FORCED AIR
Stories
1
Total area
13,410 SF
Lot
4.44 ac (193,406 SF)
Zoning code
O1
APN
20-08-33-101-005
UPID
US43-1264732
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
O1 · Macomb, MI
Zoning O1 · permitted uses
O1 · Macomb, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macomb. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1996
Heating
FORCED AIR
Stories
1
Lot
4.44 ac
Current owner
From public records · entity-resolved
Plumgrove Officenter LLC
Entity
Mailing address
46600 ROMEO PLANK RD STE #5, MACOMB, MI 48044-5741
Mailing matches property
Yes
Owner-occupied
Yes
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
May 20, 2019
—
Plumgrove Officenter LLC
—
Deed
related
$10,861,825 · Lake Mi Cu
Jul 29, 2014
—
Plumgrove Officenter LLC
—
Grant Deed
related
$5,950,000 · Associated Bk
—
—
Plumgrove Officenter LLC
—
Deed Of Trust
related
$10,861,825 · Lake Mi Cu
—
—
Plumgrove Officenter LLC
—
Deed Of Trust
related
$975,357 · Bank Of America
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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