Property profile

737 12th Mile Rd Madison Heights, MI 48071

OFF-MARKET
Office buildings
Property ID
US43-1854256
2,035 SF 0.35 ac lot Built 1948
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1948
Total area 2,035 SF
Lot 0.35 ac (15,246 SF)
Zoning code 0-1 OFF
APN 44-25-12-377-032
UPID US43-1854256

Cap rate & NOI

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

Location

737 12th Mile Rd Madison Heights, MI 48071-2533
Madison Heights metro Census 181200 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
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2021
Last sale
$26,003
7 recorded transactions
2021
Price N/A
2018
$34,678
2018
$26,003
2012
$67,000
2011
Price N/A
2011
Price N/A
2003
Price N/A

Zoning & alternative use

0-1 OFF · Madison Heights, 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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