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    Property profile & analytics

    50271 Corporate Dr Macomb, MI 48044-1007

    • Flex space
    • 45,130 SF
    • 2.26 lot acres
    OFF-MARKET
    Value Estimation
    $1,995,000
    Last Sale
    Jan 03, 2024
    $2,002,499
    Location Intelligence
    Property ID
    US43-1176230
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Baker Industries, a Lincoln Electric Company - Plant 2 / Metal Fabricator
    • Michigan Sunrise Agency / Insurance Agency

    Property Details for 50271 Corporate Dr

    Year built
    2001
    Lot size
    2.26 lot acres
    Property size
    45,130 SF
    Zone code
    M2
    Property type
    Flex space
    APN
    20-08-20-102-006
    APU
    200820102006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,825,000
      6.5%
      $2,095,000
      7%
      $1,865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,875,000
      Geo Method
      $2,025,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,220,000
      Retail
      $1,740,000
      Mixed-Use
      $1,970,000
      Hospitality
      $1,940,000
      Educational
      $1,675,000
      Residential Income
      $2,145,000
      Energy
      $1,815,000
      Income-Based Land
      $2,125,000
      Food Service
      $2,170,000

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9556
    Latitude
    42.6665
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $59,273
    $0.00
    $0.00
    $1,432,900
    -
    $0.00
    $0.00
    $2,865,800

    Comparable in this City

    • Value Estimation by Request
      54,902 SF

      16725 Enterprise Dr

      LIGHT INDUSTRIAL • 54,902 SF
      16725 Enterprise Dr, Macomb, MI 48044-1006
      View Details
    • Value Estimation by Request
      28,200 SF

      16280 23rd Mile Rd

      LIGHT INDUSTRIAL • 28,200 SF
      16280 23rd Mile Rd, Macomb, MI 48044-1004
      View Details
    • Value Estimation by Request
      93,633 SF

      16700 23rd Mile Rd

      LIGHT INDUSTRIAL • 93,633 SF
      16700 23rd Mile Rd, Macomb, MI 48044-1100
      View Details
    • Value Estimation by Request
      28,544 SF

      16260 23rd Mile Rd

      LIGHT INDUSTRIAL • 28,544 SF
      16260 23rd Mile Rd, Macomb, MI 48044-1004
      View Details
    • Value Estimation by Request
      37,203 SF

      16730 Enterprise Dr

      LIGHT INDUSTRIAL • 37,203 SF
      16730 Enterprise Dr, Macomb, MI 48044-1006
      View Details
    • Value Estimation by Request
      13,120 SF

      49620 Hayes Rd

      LIGHT INDUSTRIAL • 13,120 SF
      49620 Hayes Rd, Macomb, MI 48044-1509
      View Details

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    Macomb, MI 48044-1007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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