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Property profile & analytics
OFF-MARKET
Office buildings
620 Broadway, Davisburg, MI 48350-2454
Trust Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0041199
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
480 SF
Lot
0.02 ac (871 SF)
Zoning code
C1-LOC
APN
U -07-17-178-005
UPID
US43-0041199
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
Rooney,david P & Connie F Livi Trust · 8 yrs held
Rooney,david P & Connie F Livi Trust
since 2017
6 recorded transactions
Zoning & alternative use
C1-LOC · Davisburg, 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 Davisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davisburg 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
$560
Tax year 2023
Assessed value
$14,790
Assessed 2024
Previous assessed
$14,140
+4.6% YoY
Effective rate
3.79%
On assessed value
Total market value
$29,580
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
1985
Heating
FORCED AIR
Stories
1
Units
1
Total area
480 SF
Lot
0.02 ac (871 SF)
Zoning code
C1-LOC
APN
U -07-17-178-005
UPID
US43-0041199
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C1-LOC · Davisburg, MI
Zoning C1-LOC · permitted uses
C1-LOC · Davisburg, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davisburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Rooney,david P & Connie F Livi Trust
Trust
Free & Clear · 8 yrs held
Mailing address
13690 CARRIAGE TRL DR, DAVISBURG, MI 48350-1667
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Aug 3, 2018
—
David P Rooney
—
Deed
related
$38,430 · Comerica Bank
Jul 11, 2017
—
Rooney,david P & Connie F Livi Trust
Rooney,david P & Connie F
Quit Claim Deed
related
—
Dec 22, 2011
$63,000
David P Rooney
Reilly,christine M
Warranty Deed
—
Jan 11, 2008
—
Christine M Reilly
Reilly,scott M
Quit Claim Deed
related
$100,000 · Interbay Funding LLC
Dec 6, 2004
$95,000
Scott M Reilly
Lopez,alfred L & Nancy L
Warranty Deed
$65,000 · Lakeside Community Bank
Sep 19, 2002
—
Alfred L Lopez
—
Deed Of Trust
related
$1,000,000 · Republic 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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