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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Industrial properties
47816 Galleon Dr, Plymouth, MI 48170-2468
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0309767
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1995
Total area
7,950 SF
Lot
0.89 ac (38,768 SF)
Zoning code
IND
APN
R-78-005-01-0009-301
UPID
US43-0309767
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
-
Affinity Group Food And Beverage Consultant Food Products Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$617k
Blend (final)
Blend
$800k
Owner & transaction history
Affinity Group Central Re LLC · 4 yrs held
Affinity Group Central Re LLC
since 2022
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
IND · Plymouth, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$875,000
+118.0%
Restaurant
$825,000
+105.5%
Office building
$770,000
+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
$925,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$875,000
Change: +118% · Conversion: Difficult
RESTAURANT
$825,000
Change: +106% · Conversion: Difficult
OFFICE BUILDING
$770,000
Change: +93% · Conversion: Difficult
MEDICAL BUILDING
$750,000
Change: +87% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$635,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$605,000
Change: +51% · Conversion: Moderate
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $1.00M (Jun 20 2022)
Last sale anchor
$1.00M
Jun 20 2022
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
$101 / 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
$15,862
Tax year 2023
Assessed value
$315,100
Assessed 2024
Previous assessed
$310,800
+1.4% YoY
Effective rate
5.03%
On assessed value
Total market value
$630,200
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
1995
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
7,950 SF
Lot
0.89 ac (38,768 SF)
Zoning code
IND
APN
R-78-005-01-0009-301
UPID
US43-0309767
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
COMMERCIAL (GENERAL)
Est. value
$875,000
RESTAURANT
Est. value
$825,000
OFFICE BUILDING
Est. value
$770,000
MEDICAL BUILDING
Est. value
$750,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$635,000
RETAIL STORES
Est. value
$605,000
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
1995
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Affinity Group Central Re LLC
Entity
Mailing address
8811 SIDNEY CIR SE, CHARLOTTE, NC 28269-7509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2022
$1,000,000
Affinity Group Central Re LLC
M & A Holdings Detroit LLC
Warranty Deed
—
Jun 16, 2022
$690,000
M & A Holdings Detroit LLC
Michacis And Associates INC
Warranty Deed
—
Dec 13, 2021
—
Michacis & Associates INC
—
Deed
related
$552,000 · First State Bank
May 3, 2011
—
Michael & Associates INC
Michael Land Company
Warranty Deed
—
—
—
Michaels & Associates INC
—
Deed Of Trust
related
$877,000 · Economic Dev Foundation-certif
—
—
Michaels & Associates INC
—
Loan Modification
related
$841,733 · First St Bk
—
—
Michaels & Associates INC
—
Loan Modification
related
$774,000 · First St Bk
—
—
Michaels & Associates INC
—
Deed Of Trust
related
$1,070,000 · 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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