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Property profile & analytics
OFF-MARKET
Estimated value
$8,625,000
Warehouses
50496 Pontiac Trl, Wixom, MI 48393-2088
Entity Owned
21-yr Hold
Free & Clear
Property ID
US43-0033032
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
104,053 SF
Lot
7.13 ac (310,583 SF)
Zoning code
M-1
APN
96-17-31-351-027
UPID
US43-0033032
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
-
J&B Medical Production Facility
-
Diaper Buys Medical Supply Store Medical Group
-
Joyful Addition Insurance Agency
-
J&B Pet Source Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.56M
Blend (final)
Blend
$8.63M
Owner & transaction history
Harmon Highway Co INC · 21 yrs held
Harmon Highway Co INC
since 2005
5 recorded transactions
Zoning & alternative use
M-1 · Wixom, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$12.8M
+60.5%
Office building
$12.2M
+53.6%
Industrial (general)
$11.3M
+42.8%
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 Wixom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wixom 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
WAREHOUSE, STORAGE
$7,945,000
Current use
AUTO REPAIR, GARAGE
$12,755,000
Change: +60% · Conversion: Easy
OFFICE BUILDING
$12,205,000
Change: +54% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$11,345,000
Change: +43% · Conversion: Easy
Blend value · Realmo final
$8.63M
Range $7.76M – $9.49M · ±10%
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
$83 / 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
$84,679
Tax year 2023
Assessed value
$3,348,450
Assessed 2024
Previous assessed
$3,119,520
+7.3% YoY
Effective rate
2.53%
On assessed value
Total market value
$6,696,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
GAS
Cooling
YES
Stories
1
Units
1
Total area
104,053 SF
Lot
7.13 ac (310,583 SF)
Zoning code
M-1
APN
96-17-31-351-027
UPID
US43-0033032
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Wixom, MI
Zoning M-1 · permitted uses
M-1 · Wixom, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wixom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$12.8M
OFFICE BUILDING
Est. value
$12.2M
INDUSTRIAL (GENERAL)
Est. value
$11.3M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
2006
Heating
GAS
Cooling
Yes
Stories
1
Units
1
Lot
7.13 ac
Current owner
From public records · entity-resolved
Harmon Highway Co INC
Entity
Free & Clear · 21 yrs held
Mailing address
50496 PONTIAC TRL, WIXOM, MI 48393-2088
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2018
—
Shaya Properties LLC
—
Grant Deed
related
$30,360,000 · Pnc Bk/oh
Nov 29, 2016
—
Shaya Properties LLC
—
Deed
related
$16,320,000 · Comerica Bk
Jun 27, 2005
$698,492
Harmon Highway Co INC
Vangieson,val C
Warranty Deed
—
Jun 27, 2005
—
Shaya Properties LLC
Harmon Highway Co INC
Warranty Deed
$9,500,000 · Comerica Bank
—
—
Shaya Properties LLC
—
Loan Modification
related
$16,320,000 · Comerica 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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