Property profile

480 Pierce St Ste 200 Birmingham, MI 48009

OFF-MARKET
Office buildings
Property ID
US43-0262314
60,132 SF 0.53 ac lot Built 1990
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Total area 60,132 SF
Lot 0.53 ac (23,087 SF)
Zoning code BI
APN 08-19-36-138-007
UPID US43-0262314

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

480 Pierce St Ste, Unit 200 Birmingham, MI 48009-6020
Birmingham metro Census 153200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.02M
Blend (final) Blend
$9.14M

Owner & transaction history

since 2022
6 recorded transactions
2022
Price N/A
2018
Price N/A
2012
$1,860
2000
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BI · Birmingham, MI
Top alternative use upside
Commercial (general) $10.6M +50.2%
Restaurant $10.4M +47.6%
Retail stores $10.2M +43.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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