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Property profile & analytics
OFF-MARKET
Strip malls

825 Penniman Ave Plymouth, MI 48170-1621

3,300 SF 0.1 ac lot Built 1982
Individually Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US43-2098009
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1982
Total area 3,300 SF
Lot 0.1 ac (4,356 SF)
Zoning code B-2
APN 49-009-05-0136-301
UPID US43-2098009
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
Molise Ltd Lc · 14 yrs held
Molise Ltd Lc
since 2012
2 recorded transactions
2012
Price N/A
2011
Price N/A
Zoning & alternative use
B-2 · Plymouth, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 the Planning Commission workbooks and discussion, the items below from the Zoning Audit should be included in the Zoning Ordinance Recodificat…

Zone name Central Business
General category COMMERCIAL
Zone area 5.75 ac
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