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Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Manufacturing properties
5711 Research Dr, Canton, MI 48188-2261
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1218557
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2004
Total area
20,040 SF
Lot
3.59 ac (156,380 SF)
Zoning code
LI-2
APN
71 131 02 0010 000
UPID
US43-1218557
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
-
Automated Media Inc. IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Aero Communications Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$1.84M
Owner & transaction history
Dealer Tire LLC · 1 yrs held
Dealer Tire LLC
since 2024
6 recorded transactions
Zoning & alternative use
LI-2 · Canton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+95.6%
Auto repair, garage
$2.2M
+61.4%
Retail stores
$2.2M
+57.8%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
INDUSTRIAL (GENERAL)
$1,365,000
Current use
OFFICE BUILDING
$2,665,000
Change: +96% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,200,000
Change: +61% · Conversion: Easy
RETAIL STORES
$2,150,000
Change: +58% · Conversion: Moderate
MEDICAL BUILDING
$1,950,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±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
$92 / 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
$57,941
Tax year 2023
Assessed value
$1,001,500
Assessed 2024
Previous assessed
$963,800
+3.9% YoY
Effective rate
5.79%
On assessed value
Total market value
$2,003,000
Applied tax rate
82,160.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Stories
1
Total area
20,040 SF
Lot
3.59 ac (156,380 SF)
Zoning code
LI-2
APN
71 131 02 0010 000
UPID
US43-1218557
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
LI-2 · Canton, MI
Zoning LI-2 · permitted uses
LI-2 · Canton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
FORCED AIR
Stories
1
Lot
3.59 ac
Current owner
From public records · entity-resolved
Dealer Tire LLC
Entity
Mailing address
5711 RESEARCH DR, CANTON, MI 48188-2261
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Dec 4, 2024
—
Dealer Tire LLC
Ami Land LLC
Warranty Deed
—
Apr 3, 2019
$1,850,000
Ami Land LLC
Aero Communications R/e INC
Trustees Deed
$1,558,000 · Bank Of America
Jun 5, 2018
—
Aero Communications R & E INC
—
Grant Deed
related
$50,000,000 · Pnc Bk
Feb 4, 2013
$2,189,963
Aero Communications R & E INC
Falkan Ents LLC
Grant Deed
$2,189,963 · Pnc Bank
May 12, 2004
$448,500
Falkan Enterprises LLC
Top G LLC
Warranty Deed
—
—
—
Aero Communications R & E INC
—
Loan Modification
related
$2,189,963 · Pnc Bank
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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