Individually Owned Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1998
Construction
BRICK
Total area
2,716 SF
Lot
78.98 ac (3,440,369 SF)
Zoning code
MM
APN
K -21-10-300-003
UPID
US43-2561456
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$425k
Comparable Approach
Comparable
$695k
Blend (final)
Blend
$755k
Owner & transaction history
since 2023
Last sale
$580,000
4 recorded transactions
Zoning & alternative use
MM · New Hudson, MI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$755k
Value range
$680k – $831k
±10% around blend
Estimated value / SF
$278 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
50
$680k
blend $755k
$831k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,716 SF
Lot area
78.98 ac
Year built
1998
Stories
1
APN
K -21-10-300-003
Zoning
MM
Assessed value
$521,060
Annual tax
$6,696
3
Income approach: direct capitalization
Partial preview
Income approach indication
$425k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$460k
@ 6.5% CAP return
$425k
@ 7% CAP return
$395k
4
Sales comparison
Partial preview
Sales approach indication
$555k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.0 mi away · 1,920 SF
8.9 mi away · 3,102 SF
8.9 mi away · 2,670 SF
9.1 mi away · 2,276 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$755k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 344 sales
$176
+58%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $278/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
3.60%
Implied, in-place cap rate for this commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.60%
9.0%
NOI (est.)
$41k *
Last sale · Jan 2023
$580k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.13M
Move the market yield to see immediate price impact.
Value / SF
$415
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.10%3.60%4.10%
$37k
$1.18M
$1.02M
$891k
$41k
$1.31M
$1.13M
$990k
$45k
$1.44M
$1.24M
$1.09M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$490k
6.4 mi · Mar 2026 · $204/SF
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$6,696
Tax year 2021
Assessed value
$521,060
Assessed 2022
Previous assessed
$521,060
+0.0% YoY
Effective rate
1.29%
On assessed value
Total market value
$1,042,120
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
9
Bathrooms
2
Total area
2,716 SF
Lot
78.98 ac (3,440,369 SF)
Zoning code
MM
APN
K -21-10-300-003
UPID
US43-2561456
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
MM · New Hudson, MIZoning MM · permitted uses
MM · New Hudson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
2
Lot
78.98 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MM
Jurisdiction
New Hudson, MI
Recorded code
MM
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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