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Property profile & analytics
OFF-MARKET
Estimated value
$27,515,000
Industrial properties
8777 Platt Rd Saline, MI 48176-9773
Individually Owned
Free & Clear
Property ID
US43-1463787
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2016
Total area
282,382 SF
Lot
305.53 ac (13,308,887 SF)
Zoning code
RPD
APN
S -19-02-200-004
UPID
US43-1463787
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
-
UNIFY Financial Credit Union Credit Union
-
Toyota Motor North America R&D Headquarters Corporate Office
-
Walmart Pet Services Kennel & Boarding Facility
-
Toyota Technical Center Business Park
-
Aramark Catering Service Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$27.52M
Blend (final)
Blend
$27.52M
Owner & transaction history
TOYOTA MOTOR ENGINEERING
TOYOTA MOTOR ENGINEERING
Zoning & alternative use
RPD · Saline, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$42.5M
+131.2%
Commercial (general)
$40.4M
+119.7%
Retail stores
$32.5M
+76.5%
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
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)
$18,395,000
Current use
OFFICE BUILDING
$42,530,000
Change: +131% · Conversion: Difficult
COMMERCIAL (GENERAL)
$40,415,000
Change: +120% · Conversion: Difficult
RETAIL STORES
$32,475,000
Change: +77% · Conversion: Moderate
WAREHOUSE, STORAGE
$24,030,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$27.52M
Range $24.76M – $30.27M · ±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
$97 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$1,092,630
Tax year 2019
Assessed value
$60,591,500
Assessed 2024
Previous assessed
$60,527,500
+0.1% YoY
Effective rate
1.80%
On assessed value
Total market value
$121,183,000
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
2016
Heating
FORCED AIR
Total area
282,382 SF
Lot
305.53 ac (13,308,887 SF)
Zoning code
RPD
APN
S -19-02-200-004
UPID
US43-1463787
Jurisdiction
WASHTENAW
Zoning & alternative use
RPD · Saline, MI
Zoning RPD · permitted uses
RPD · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$18.4M
OFFICE BUILDING
Est. value
$42.5M
COMMERCIAL (GENERAL)
Est. value
$40.4M
RETAIL STORES
Est. value
$32.5M
WAREHOUSE, STORAGE
Est. value
$24.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
2016
Heating
FORCED AIR
Lot
305.53 ac
Current owner
From public records · entity-resolved
TOYOTA MOTOR ENGINEERING
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 999, DUBLIN, PA 18917-0999
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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