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Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Warehouses
50853 Century Ct, Wixom, MI 48393-2066
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-5204702
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2004
Total area
21,668 SF
Lot
9.1 ac (396,396 SF)
Zoning code
M-1
APN
96-22-06-101-028
UPID
US43-5204702
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
-
Tomco Manufacturing Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.01M
Comparable Approach
Comparable
$2.51M
Blend (final)
Blend
$1.86M
Owner & transaction history
3m Development LLC · 4 yrs held
3m Development LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
M-1 · Wixom, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+60.5%
Office building
$2.5M
+53.6%
Industrial (general)
$2.4M
+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
$1,590,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,175,000
6.5%
$2,005,000
7%
$1,860,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,655,000
Current use
AUTO REPAIR, GARAGE
$2,655,000
Change: +60% · Conversion: Easy
OFFICE BUILDING
$2,540,000
Change: +54% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,365,000
Change: +43% · Conversion: Easy
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±10% · vs last sale $1.50M (Jun 29 2022)
Last sale anchor
$1.50M
Jun 29 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
$86 / 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
$41,816
Tax year 2023
Assessed value
$878,630
Assessed 2024
Previous assessed
$816,000
+7.7% YoY
Effective rate
4.76%
On assessed value
Total market value
$1,757,260
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
2004
Heating
GAS
Cooling
YES
Stories
1
Units
1
Total area
21,668 SF
Lot
9.1 ac (396,396 SF)
Zoning code
M-1
APN
96-22-06-101-028
UPID
US43-5204702
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
$1.7M
AUTO REPAIR, GARAGE
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
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
2004
Heating
GAS
Cooling
Yes
Stories
1
Units
1
Lot
9.1 ac
Current owner
From public records · entity-resolved
3m Development LLC
Entity
Mailing address
50853 CENTURY CT, WIXOM, MI 48393-2066
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2022
$1,500,000
3m Development LLC
D A C Development LLC
Limited Warranty Deed
$1,200,000 · Bank Of Ann Arbor
Nov 19, 2020
—
Dac Dev LLC
—
Deed
related
$102,900 · Manson Manufacturing LLC
Apr 9, 2018
—
Dac Dev LLC
—
Deed
related
$2,000,000 · Pnc Bk/ky
Mar 10, 2006
—
D A C Development LLC
D & C Development Company LLC
Quit Claim Deed
related
—
Jun 15, 2004
—
D C Development Co
Henry,donald
Quit Claim Deed
related
$1,000,000 · Standard Federal Bank
Feb 5, 2004
$270,000
Donald Henry
Moceri Holdings LLC
Grant Deed
—
Feb 5, 2004
$255,000
Moceri Holdings LLC
Harmon Highway Co
Grant Deed
related
—
May 4, 2000
—
Moceri Holdings LLC
Harmon Highway Co INC
Grant Deed
related
—
—
—
Dac Dev LLC
—
Deed Of Trust
related
$632,000 · Pnc Bank
—
—
Dac Dev LLC
—
Loan Modification
related
$2,000,000 · Pnc Bk/ky
—
—
Dac Dev LLC
—
Deed Of Trust
related
$102,900 · Manson Manufacturing LLC
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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