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Property profile & analytics
OFF-MARKET
Estimated value
$3,320,000
Industrial properties
47799 Halyard Dr, Plymouth, MI 48170-3771
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1297155
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1988
Total area
37,890 SF
Lot
4.98 ac (216,929 SF)
Zoning code
TAR
APN
R-78-008-01-0028-000
UPID
US43-1297155
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
-
Changan US R&D Center Research And Product Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.94M
Blend (final)
Blend
$3.32M
Owner & transaction history
Five Saints Halyard LLC · 1 yrs held
Five Saints Halyard LLC
since 2025
Last sale
$3.7M
6 recorded transactions
Zoning & alternative use
TAR · Plymouth, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.2M
+118.0%
Restaurant
$3.9M
+105.5%
Office building
$3.7M
+92.7%
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
COMMERCIAL (GENERAL)
$4,160,000
Change: +118% · Conversion: Difficult
RESTAURANT
$3,925,000
Change: +106% · Conversion: Difficult
OFFICE BUILDING
$3,680,000
Change: +93% · Conversion: Difficult
MEDICAL BUILDING
$3,570,000
Change: +87% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,015,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$2,885,000
Change: +51% · Conversion: Moderate
Blend value · Realmo final
$3.32M
Range $2.99M – $3.65M · ±10% · vs last sale $3.70M (Oct 2 2024)
Last sale anchor
$3.70M
Oct 2 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
$88 / 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
$66,542
Tax year 2023
Assessed value
$1,314,700
Assessed 2024
Previous assessed
$1,319,500
-0.4% YoY
Effective rate
5.06%
On assessed value
Total market value
$2,629,400
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
37,890 SF
Lot
4.98 ac (216,929 SF)
Zoning code
TAR
APN
R-78-008-01-0028-000
UPID
US43-1297155
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
TAR · Plymouth, MI
Zoning TAR · permitted uses
TAR · 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
COMMERCIAL (GENERAL)
Est. value
$4.2M
RESTAURANT
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
RETAIL STORES
Est. value
$2.9M
COMMERCIAL (GENERAL)
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
1988
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
4.98 ac
Current owner
From public records · entity-resolved
Five Saints Halyard LLC
Entity
Mailing address
8205 FREMONT PIKE, PERRYSBURG, OH 43551-9705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jan 2, 2025
$3,700,000
Five Saints Halyard LLC
Royal Flush Investments LLC
Warranty Deed
$2,960,000 · Bank Of Ann Arbor
Jan 19, 2017
—
Royal Flush Investmentb LLC
Halyard LLC
Deed
$1,875,000 · The Metamora State Bank
Jan 31, 2013
—
Alidade 47799 Halyard LLC
Jpmc 2007-ldp10 Michigan Indl
Grant Deed
—
Mar 15, 2012
$20,000,000
Jpmc 2007-ldp10 Michigan Indl
Deputy Sheriff Of Wayne County
Trustees Deed
related
—
—
—
Alidade 47799 Halyard LLC
—
Loan Modification
related
$32,000,000 · Associated Bank
—
—
Alidade 47799 Halyard LLC
—
Deed Of Trust
related
$10,500,000 · Associated 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.
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