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Property profile & analytics
FOR LEASE
Manufacturing properties
8353 Haggerty Rd, Van Buren Twp, MI 48111
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1239080
For Lease
1 / 2
$6,070,000
8353 Haggerty Rd, Van Buren Twp, MI 48111
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Total area
99,323 SF
Lot
16.71 ac (727,888 SF)
Zoning code
M1 LIG
APN
83 046 99 0013 003
UPID
US43-1239080
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
$6.07M
Blend (final)
Blend
$6.07M
Owner & transaction history
Lone Oak Bellieville LLC · 9 yrs held
Lone Oak Bellieville LLC
since 2017
3 recorded transactions
Zoning & alternative use
M1 LIG · Van Buren Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.6M
+92.7%
Medical building
$9.4M
+86.9%
Neighborhood: shopping center
$7.9M
+57.9%
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 Van Buren Twp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Van Buren Twp 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)
$5,005,000
Current use
OFFICE BUILDING
$9,645,000
Change: +93% · Conversion: Difficult
MEDICAL BUILDING
$9,355,000
Change: +87% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,905,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$7,565,000
Change: +51% · Conversion: Moderate
Blend value · Realmo final
$6.07M
Range $5.46M – $6.68M · ±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 2023Property tax & assessments
Tax year 2023
Tax billed
$90,719
Tax year 2023
Assessed value
$1,984,300
Assessed 2024
Previous assessed
$1,765,400
+12.4% YoY
Effective rate
4.57%
On assessed value
Total market value
$3,968,600
Applied tax rate
82,430.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1982
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
99,323 SF
Lot
16.71 ac (727,888 SF)
Zoning code
M1 LIG
APN
83 046 99 0013 003
UPID
US43-1239080
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
M1 LIG · Van Buren Township, MI
Zoning M1 LIG · permitted uses
M1 LIG · Van Buren Township, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Van Buren Township. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.0M
OFFICE BUILDING
Est. value
$9.6M
MEDICAL BUILDING
Est. value
$9.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.9M
RETAIL STORES
Est. value
$7.6M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1982
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
16.71 ac
Current owner
From public records · entity-resolved
Lone Oak Bellieville LLC
Entity
Free & Clear · 9 yrs held
Mailing address
6250 N RIV RD STE #9000, ROSEMONT, IL 60018-4241
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2017
—
Lone Oak-belleville LLC
—
Deed
related
—
Feb 7, 2017
$3,168,940
Lone Oak Bellieville LLC
Coca Cola Refreshmints USA INC
Deed
—
—
—
Lone Oak-belleville LLC
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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