Property profile

790 Penniman Ave Plymouth, MI 48170

OFF-MARKET
Banks
Property ID
US43-5248134
6,668 SF 0.45 ac lot Built 1962
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1962
Construction BRICK
Total area 6,668 SF
Lot 0.45 ac (19,602 SF)
Zoning code B-2
APN 49-006-03-0226-002
UPID US43-5248134

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Financial Advisor
  • Atm
  • Bank Loan Service
  • Loan Service Bank
  • Loan Service Bank

Location

790 Penniman Ave Plymouth, MI 48170-1620
Plymouth metro Census 562600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.44M

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2019
Price N/A
2019
$5.1M
1969
Price N/A

Zoning & alternative use

B-2 · Plymouth, MI
Zoning description

o Update the Intent of the B-2 Zoning District to reflect the description of the Central Business District Future Land Use Category in the Master Plan. Years 3-4: Zoning Ordinance Recodification - NOT STARTED Based on th…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $1.5M +51.3%

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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