Technical
Financial
Distress signals
Property profile

615 Ml St Plymouth, MI 48170

OFF-MARKET
Investment properties
Property ID
US43-1383193
6,138 SF 0.25 ac lot Built 1900
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 6,138 SF
Lot 0.25 ac (10,890 SF)
Zoning code B-1
APN 49-005-03-0041-000
UPID US43-1383193

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Photography Service (Bike/Boat/Book/etc) Store
  • Nail Salon
  • Hair Salon Nail Salon
  • Spa & Massage Center Skin Care Clinic

Location

615 Ml St Plymouth, MI 48170-1397
Plymouth metro Census 562500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$330k

Owner & transaction history

since 2018
5 recorded transactions
2022
Price N/A
2018
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-1 · Plymouth, MI
Zoning description

• Allow the one-half of the alley for the rear yard setback in O-1, O-2, & B-1 to be across all zoning districts if the alleys are not regularly used. • Move parking requirements in footnotes (h), (j), (m) and (t) to the…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $1.4M +107.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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