Property profile

700 Welch Rd Commerce Township, MI 48390

OFF-MARKET
Life science properties
Property ID
US43-2571871
56,404 SF 5.41 ac lot Built 2002
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 2002
Total area 56,404 SF
Lot 5.41 ac (235,660 SF)
Zoning code II
APN E -17-36-100-044
UPID US43-2571871

Cap rate & NOI

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

Location

700 Welch Rd Commerce Township, MI 48390-3812
Commerce Township metro Census 134800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2012
6 recorded transactions
2018
Price N/A
2012
Price N/A
2002
Price N/A
2000
$750,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

II · Commerce Township, MI

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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