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Property profile & analytics
OFF-MARKET
Industrial properties
7936 Boardwalk Rd Brighton, MI 48116-8312
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US43-1844414
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Total area
3,759 SF
Lot
1.05 ac (45,738 SF)
Zoning code
LI
APN
16-11-400-057
UPID
US43-1844414
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Douglass Family Holdings LLC · 5 yrs held
Douglass Family Holdings LLC
since 2021
Last sale
$400,000
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,125
Tax year 2019
Assessed value
$221,600
Assessed 2023
Previous assessed
$129,400
+71.3% YoY
Effective rate
1.86%
On assessed value
Total market value
$443,200
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
1998
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
3,759 SF
Lot
1.05 ac (45,738 SF)
Zoning code
LI
APN
16-11-400-057
UPID
US43-1844414
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.
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.05 ac
Current owner
From public records · entity-resolved
Douglass Family Holdings LLC
Entity
Mailing address
7936 BOARDWALK RD, BRIGHTON, MI 48116-8312
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2021
—
Douglass Family Holdings LLC
—
Deed
related
$165,000 · Michigan Certified Development Corporati
May 28, 2021
$400,000
Douglass Family Holdings LLC
Pro Billiards Pool Table Svc & Sale
Warranty Deed
$200,000 · Huron Valley State Bank
May 20, 2021
—
Douglass Family Holdings LLC
—
Deed
related
$200,000 · Huron Valley State Bank
Jul 5, 2013
$225,000
Billiards Pool Table Svc Pro
Fowkes,mark C & Linda R
Warranty Deed
—
—
—
Billiards Pool Table Svc S Pro
—
Deed Of Trust
related
$173,966 · Fifth Third Bank
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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