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Property profile & analytics
OFF-MARKET
Estimated value
$1,775,000
Manufacturing properties
4985 Belleville Rd, Canton, MI 48188-2407
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-4204694
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Total area
21,094 SF
Lot
2.54 ac (110,642 SF)
Zoning code
G-1
APN
71 132 99 0010 721
UPID
US43-4204694
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
-
Heritage Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.68M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.78M
Owner & transaction history
Gary & Mark LLC · 4 yrs held
Gary & Mark LLC
since 2021
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
G-1 · Canton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.8M
+95.6%
Auto repair, garage
$2.3M
+61.4%
Retail stores
$2.3M
+57.8%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$1,810,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,820,000
6.5%
$1,680,000
7%
$1,560,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,435,000
Current use
OFFICE BUILDING
$2,805,000
Change: +96% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,315,000
Change: +61% · Conversion: Easy
RETAIL STORES
$2,265,000
Change: +58% · Conversion: Moderate
MEDICAL BUILDING
$2,050,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$1.78M
Range $1.60M – $1.95M · ±10% · vs last sale $1.80M (Sep 29 2021)
Last sale anchor
$1.80M
Sep 29 2021
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
$84 / 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
$30,779
Tax year 2023
Assessed value
$535,300
Assessed 2024
Previous assessed
$511,500
+4.7% YoY
Effective rate
5.75%
On assessed value
Total market value
$1,070,600
Applied tax rate
82,160.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1974
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
21,094 SF
Lot
2.54 ac (110,642 SF)
Zoning code
G-1
APN
71 132 99 0010 721
UPID
US43-4204694
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
G-1 · Canton, MI
Zoning G-1 · permitted uses
G-1 · Canton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1974
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
2.54 ac
Current owner
From public records · entity-resolved
Gary & Mark LLC
Entity
Mailing address
4985 BELLEVILLE RD, CANTON, MI 48188-2407
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Sep 29, 2021
$1,800,000
Gary & Mark LLC
Lake Kagon LLC
Deed
$1,504,000 · Bank Of Ann Arbor
Feb 13, 2017
—
Lake Kagon LLC 6-belleville R
—
Deed
related
$450,000 · First Midwest Bk
Jun 18, 2015
—
County Of Wayne
Lake Kagon 6-belleville Rd Ca
Quit Claim Deed
related
—
Feb 4, 2014
—
Lake Kagon
Wells Fargo Bk NA
Grant Deed
—
Sep 25, 2012
$414,000
Wells Fargo Bk NA
Deputy Sheriff Of Wayne County
Trustees Deed
related
—
—
—
Lake Kagon LLC 6-belleville R
—
Loan Modification
related
$450,000 · First Midwest Bk
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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