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Property profile & analytics
FOR LEASE
Warehouses
8710 N Custer Rd, Monroe, MI 48162
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-1376543
For Lease
1 / 12
$9 SF/Yr
8710 N Custer Rd, Monroe, MI 48162
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Total area
29,196 SF
Lot
3.79 ac (165,092 SF)
APN
13-470-013-00
UPID
US43-1376543
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
-
Windshield Repair Today of Monroe Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.30M
Owner & transaction history
8710 Custer LLC · 3 yrs held
8710 Custer LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+5.2%
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$1,150,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,805,000
Current use
AUTO REPAIR, GARAGE
$1,900,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10% · vs last sale $1.15M (Jul 13 2022)
Last sale anchor
$1.15M
Jul 13 2022
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
$44 / 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
$17,524
Tax year 2023
Assessed value
$393,100
Assessed 2023
Previous assessed
$393,100
+0.0% YoY
Effective rate
4.46%
On assessed value
Total market value
$786,200
Applied tax rate
13.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
29,196 SF
Lot
3.79 ac (165,092 SF)
APN
13-470-013-00
UPID
US43-1376543
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
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
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.79 ac
Current owner
From public records · entity-resolved
8710 Custer LLC
Entity
Mailing address
7301 CHIP SHOT LN, WATERVILLE, OH 43566-9420
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2022
$1,150,000
8710 Custer LLC
8710 N Custer Road LLC
Warranty Deed
$920,000 · Premier Bank
Feb 22, 2022
—
J&a Development LLC
Gf Abc LLC
Quit Claim Deed
related
—
May 27, 2021
—
Gf Abc
Green Farms Co LLC
Quit Claim Deed
related
—
May 14, 2021
—
Green Farms Co LLC
—
Deed
related
$497,935 · William Eric Macleod
Jan 5, 2015
$700,000
8710 North Custer Road LLC
Great Lakes Aerial Maintenance & Co
Warranty Deed
—
Aug 29, 2014
—
Great Lakes Aerial Maintenance
Great Lakes Aerial Maintenance
Quit Claim Deed
related
—
Dec 10, 2012
$135,000
Great Lakes Aerial Maintenance
Dbt LLC
Warranty Deed
$206,600 · Monroe Bank & Trust
Dec 10, 2012
—
Dbt LLC
Zarend,ronald D & Patricia
Quit Claim Deed
related
—
Dec 5, 2012
$135,000
Great Lakes Aerial Maintenance
Dbt LLC
Grant Deed
—
Dec 5, 2012
$1
Great Lakes Aerial Maintenance
Miller,jason
Grant Deed
related
—
Oct 26, 2012
$1
Dbt LLC
Zarend,ronald D
Grant Deed
related
—
Aug 3, 2012
—
Jason Miller
Dbt LLC
Grant Deed
related
—
Jun 30, 2011
—
Jason Miller
Dbt LLC
Grant Deed
related
—
Jan 23, 2008
—
Dbt Lllc
Ross,robert & Doreen A
Quit Claim Deed
related
—
—
—
Great Lakes Aerial Maintenance
—
Deed Of Trust
related
$360,000 · Monroe Bk
—
—
Great Lakes Aerial Maintenance
—
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.
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