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    Property profile & analytics

    5450 Carpenter Rd Ypsilanti, MI 48197-9019

    • Outlet malls
    • 132,290 SF
    • 30.91 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1435050
    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

    • Sam's Club Gas Station / Gas Station
    • Sam's Club Bakery / Bakery / Wholesale Bakery
    • Sam's Club Pharmacy / Pharmacy
    • Sam's Club Hearing Aid Center / Hearing Aid Store
    • Sam's Club Cafe / Cafe / Snack Bar

    Property Details for 5450 Carpenter Rd

    Year built
    2004
    Lot size
    30.91 lot acres
    Property size
    132,290 SF
    Property type
    Outlet malls
    APN
    L -12-23-100-019
    APU
    L1223100019

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.6822
    Latitude
    42.2099
    CBSA code
    11460
    CBSA name
    ANN ARBOR, 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
    2023
    $234,907
    $0.00
    $0.00
    $4,549,469
    -
    $0.00
    $0.00
    $9,098,938

    Comparable in this City

    • Value Estimation by Request
      114,150 SF

      2515 Ellsworth Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 114,150 SF
      2515 Ellsworth Rd, Ypsilanti, MI 48197-5619
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    • Value Estimation by Request
      31,329 SF

      5565 Merritt Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 31,329 SF
      5565 Merritt Rd, Ypsilanti, MI 48197-6602
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    • Value Estimation by Request
      80,232 SF

      2860 Washtenaw Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 80,232 SF
      2860 Washtenaw Rd, Ypsilanti, MI 48197-1507
      View Details
    • Value Estimation by Request
      118,350 SF

      3300 Carpenter Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 118,350 SF
      3300 Carpenter Rd, Ypsilanti, MI 48197-9612
      View Details
    • Value Estimation by Request
      135,518 SF

      3900 Carpenter Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 135,518 SF
      3900 Carpenter Rd, Ypsilanti, MI 48197-9645
      View Details
    • Value Estimation by Request
      27,816 SF

      4003 Carpenter Rd

      SHOPPING CENTER, STRIP CENTER • 27,816 SF
      4003 Carpenter Rd, Ypsilanti, MI 48197-9644
      View Details

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    Similar Nearby for Lease

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      Retail space for lease in well-maintained Ypsilanti plaza.
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      High-traffic retail space, strong anchors.
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      Versatile 1,500 SF space in a dynamic commercial corridor.
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      Renovated Retail/Office Space in Ypsilanti

      Renovated commercial space with high ceilings in historic downtown Ypsilanti.
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    • $15 SF/Yr
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      Retail Space Near EMU Campus

      Retail space for lease adjacent to Eastern Michigan University.
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      View Details

    Property Visit Statistics

    • Visits by month
      120.9k
    • Visitors by month
      73.1k
    • Avg Time on site
      32 min
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    5450 Carpenter Rd
    Ypsilanti, MI 48197-9019
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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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