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Property profile & analytics
OFF-MARKET
Industrial properties
815 Woodland Dr Saline, MI 48176-1259
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US43-0463653
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Lot
2.54 ac (110,773 SF)
Zoning code
I-2
APN
18-12-31-205-018
UPID
US43-0463653
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
Current use
Occupant on record · Public records
-
Huron Valley Volleyball Club Gym & Fitness Center
-
Imperial Industries Inc Factory Production Facility
-
Ann Arbor Plastics Factory Production Facility
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
Brinke Real Estate Dev LLC · 21 yrs held
Brinke Real Estate Dev LLC
since 2005
7 recorded transactions
Zoning & alternative use
I-2 · Saline, 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 Saline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saline 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
$30,817
Tax year 2019
Assessed value
$833,600
Assessed 2024
Previous assessed
$719,500
+15.9% YoY
Effective rate
3.70%
On assessed value
Total market value
$1,667,200
Applied tax rate
18.0000
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
1981
Heating
FORCED AIR
Lot
2.54 ac (110,773 SF)
Zoning code
I-2
APN
18-12-31-205-018
UPID
US43-0463653
Jurisdiction
WASHTENAW
Zoning & alternative use
I-2 · Saline, MI
Zoning I-2 · permitted uses
I-2 · Saline, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saline. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
FORCED AIR
Lot
2.54 ac
Current owner
From public records · entity-resolved
Brinke Real Estate Dev LLC
Entity
Mailing address
2325 ADARE RD, ANN ARBOR, MI 48104-4019
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2020
—
Brinke Real Estate Development LLC
—
Deed
related
—
Mar 23, 2005
$1,100,000
Brinke Real Estate Dev LLC
Unova Indl Automation Systems
Warranty Deed
$700,000 · Key Bank NA
Mar 18, 2005
—
Brinke Real Estate Dev LLC
—
Trustees Deed
related
$560,000 · Key Bank NA
Dec 30, 2004
—
Unova Indl Automation Systems
R & B Machine Tool Co INC
Quit Claim Deed
related
—
—
—
Ann Arbor Plastics INC
—
Deed Of Trust
related
$200,000 · Key Bank & Trust
—
—
Brinke Real Estate Dev LLC
—
Deed Of Trust
related
$578,000 · Michigan Certified Dev Corp
—
—
Brinke Real Estate Dev LLC
—
Deed Of Trust
related
$475,000 · Key Bank & Trust
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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