Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

46705 Erb Dr Macomb, MI 48042

FOR SALE
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Property ID
US43-1647361
20,000 SF 1.22 ac lot Built 1988
Last sale Jan 2022 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 20,000-square-foot commercial building configured for warehouse or light manufacturing use, with 3,600 square feet designated as office and showroom space. The building is designed to be divisible into two sections of approximately 11,000 square feet and 9,000 square feet, with separately metered utilities for each portion. A 3,600-square-foot shop mezzanine is included. Key warehouse features include a 16-foot clear height and three overhead doors measuring 12 feet by 14 feet each. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Nov 2026
$940k
$846k – $1.03M
CAP approach$1.66M
Submarket $/SF estimate$1.30M
NOI build-up
Gross scheduled income$163k
Vacancy & credit loss−$9k
Operating expenses−$46k
NOI · 1,348,037.50% cap applied$108k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
County average, outlier-cleaned · 489 recorded sales of this use type
Observed band · Q1–Q3$43 – $94
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,348,037.50%
$108k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M1
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.4
Building Supply16.6
Realty agency15.9

Location

46705 Erb Dr Macomb, MI 48042
County assessor · not on file Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17411 23rd Mile, Macomb, MI 48042-4103 $635,000 Aug 2023 23,604 SF
51160 Regency Ctr, Macomb, MI 48042-4130 $100,000 Aug 2023 23,710 SF
51280 Regency Ctr, Macomb, MI 48042-4130 $90,000 Aug 2023 63,912 SF
51221 Industrial, Macomb, MI 48042-4025 $1,400,000 Apr 2023 20,359 SF
24750 21st Mile, Macomb, MI 48042-5161 $1,700,000 Aug 2021 18,216 SF
51675 Regency Ctr, Macomb, MI 48042-4132 $50,000 Dec 2020 14,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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