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Property profile & analytics
OFF-MARKET
Office buildings
5635 Highland Rd, Waterford, MI 48327-1927
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-5208682
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1957
Total area
1,478 SF
Lot
0.37 ac (15,987 SF)
Zoning code
SI
APN
W -13-21-127-004
UPID
US43-5208682
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dugan Holding Co LLC · 7 yrs held
Dugan Holding Co LLC
since 2018
6 recorded transactions
Zoning & alternative use
SI · Waterford, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Waterford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterford 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,915
Tax year 2023
Assessed value
$96,370
Assessed 2024
Previous assessed
$91,650
+5.2% YoY
Effective rate
5.10%
On assessed value
Total market value
$192,740
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1957
Heating
YES
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
1,478 SF
Lot
0.37 ac (15,987 SF)
Zoning code
SI
APN
W -13-21-127-004
UPID
US43-5208682
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
SI · Waterford, MI
Zoning SI · permitted uses
SI · Waterford, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
YES
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Dugan Holding Co LLC
Entity
Mailing address
4200 ELIZABETH LK RD, WATERFORD, MI 48328-2912
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 27, 2018
$132,500
Dugan Holding Co LLC
Stadler,donna J
Warranty Deed
—
Jun 6, 2011
$60,000
Donna J Stadler
Us Bank NA Malt 2004-5
Grant Deed
—
May 27, 2010
$108,823
Us Bank NA Malt 2004-5
Sheriff Of Oakland County
Trustees Deed
related
—
Aug 21, 2003
$135,000
Terry Hodskins
Lesco,donald Est
Grant Deed
—
—
—
Donna Stadler
—
Deed Of Trust
related
$32,000 · Genisys Cu
—
—
Terry L Hodskins
—
Deed Of Trust
related
$109,300 · Guaranty Residential Lending
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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