Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Industrial properties
626 Huron St Ypsilanti, MI 48197-2478
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-5194931
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
9,730 SF
Lot
1.3 ac (56,802 SF)
Zoning code
GC
APN
11-11-04-360-003
UPID
US43-5194931
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
-
A2 Global Shipping 877-899-SHIP (7447) Freight Service Logistics Company
-
Prestige Storage - Ypsilanti Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Prestige Ypsilanti Storage LLC · 3 yrs held
Prestige Ypsilanti Storage LLC
since 2022
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
GC · Ypsilanti, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+131.2%
Commercial (general)
$1.3M
+107.6%
Retail stores
$1.1M
+76.5%
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 Ypsilanti submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ypsilanti 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
$1,145,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,505,000
6.5%
$1,390,000
7%
$1,290,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,465,000
Change: +131% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,315,000
Change: +108% · Conversion: Difficult
RETAIL STORES
$1,120,000
Change: +77% · Conversion: Moderate
WAREHOUSE, STORAGE
$830,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10% · vs last sale $1.23M (Aug 10 2022)
Last sale anchor
$1.23M
Aug 10 2022
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
$128 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$18,023
Tax year 2019
Assessed value
$275,100
Assessed 2024
Previous assessed
$254,500
+8.1% YoY
Effective rate
6.55%
On assessed value
Total market value
$550,200
Applied tax rate
11.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
FORCED AIR
Total area
9,730 SF
Lot
1.3 ac (56,802 SF)
Zoning code
GC
APN
11-11-04-360-003
UPID
US43-5194931
Jurisdiction
WASHTENAW
Zoning & alternative use
GC · Ypsilanti, MI
Zoning GC · permitted uses
GC · Ypsilanti, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ypsilanti. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$830,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
Heating
FORCED AIR
Lot
1.3 ac
Current owner
From public records · entity-resolved
Prestige Ypsilanti Storage LLC
Entity
Mailing address
383 N FRNT STLEVEL, COLUMBUS, OH 43215-2248
Ownership since
2022
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 10, 2022
$1,225,000
Prestige Ypsilanti Storage LLC
North Huron Holdings LLC
Deed
$6,100,000 · Morgan Stanley Bank NA
Dec 7, 2016
—
North Hueon Holdings LLC
—
Deed
related
$900,000 · University Bank
Dec 19, 2006
$500,000
North Huron Holdings LLC
At Rentals LLC
Warranty Deed
$576,000 · Charter One Bank
Mar 13, 2000
$235,000
A T Rentals LLC
Edgemere Enterprises INC
Grant Deed
$248,000 · Michigan National Bank
—
—
At Rentals LLC
—
Deed Of Trust
related
$100,000 · Bank Of Ann Arbor
—
—
At Rentals LLC
—
Deed Of Trust
related
$275,000 · Bank Of Ann Arbor
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 626 Huron St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
