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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Industrial properties
7627 Park Pl Brighton, MI 48116-8436
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US43-1173269
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Total area
10,256 SF
Lot
1.3 ac (56,628 SF)
Zoning code
LI
APN
16-11-400-051
UPID
US43-1173269
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
$623k
Blend (final)
Blend
$625k
Owner & transaction history
Sterling Invstments Properties · 12 yrs held
Sterling Invstments Properties
since 2014
7 recorded transactions
Zoning & alternative use
LI · Brighton, 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 Brighton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brighton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$625,000
Current use
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$61 / 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
$7,308
Tax year 2019
Assessed value
$383,800
Assessed 2023
Previous assessed
$257,300
+49.2% YoY
Effective rate
1.90%
On assessed value
Total market value
$767,600
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
Year built
1979
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
10,256 SF
Lot
1.3 ac (56,628 SF)
Zoning code
LI
APN
16-11-400-051
UPID
US43-1173269
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
LI · Brighton, MI
Zoning LI · permitted uses
LI · Brighton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brighton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$625,000
INDUSTRIAL (GENERAL) Current
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
Year built
1979
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.3 ac
Current owner
From public records · entity-resolved
Sterling Invstments Properties
Entity
Mailing address
7627 PARK PL, BRIGHTON, MI 48116-8436
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2023
—
Sterling Investment Properties LLC
—
Deed
related
$700,000 · Lake Trust Cu
Sep 14, 2020
—
Sterling Invs Prop LLC
—
Deed
related
$1,000,000 · Lake Tr Cu
Sep 11, 2020
—
Sterling Invs Prop LLC
—
Deed
related
$312,000 · Lake Tr Cu
Jun 17, 2014
—
Sterling Invstments Properties
Clean Green Energy LLC
Quit Claim Deed
related
—
Jan 6, 2012
—
Clean Green Energy LLC
Ukrainian Selfreliance Mi FCU
Grant Deed
related
—
Dec 29, 2003
—
Mti Lighting Specialist INC
—
Deed Of Trust
related
$1,600,000 · Ukrainian Selfreliance Mi FCU
Jun 23, 2000
—
Sterling Investment Properties
Fox Brothers Development Co
Grant Deed
$425,000 · Ukranian Self Reliance Cu
—
—
Sterling Investment Properties
—
Deed Of Trust
related
$440,000 · Huron Vly State Bk
—
—
Sterling Inv Properties LLC
—
Deed Of Trust
related
$1,000,000 · Ukrainian Selfreliance Mi FCU
—
—
Sterling Invs Prop LLC
—
Deed Of Trust
related
$1,000,000 · Lake Tr Cu
—
—
Sterling Invs Prop LLC
—
Deed Of Trust
related
$312,000 · Lake Tr Cu
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.
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