Property profile

9897 Main St Whitmore Lake, MI 48189

OFF-MARKET
Commercial real estate
Property ID
US43-1923390
29,636 SF 3.51 ac lot Built 1986
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 29,636 SF
Lot 3.51 ac (152,896 SF)
Zoning code R1
APN 16-32-300-003
UPID US43-1923390

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

9897 Main St Whitmore Lake, MI 48189-9807
Whitmore Lake metro Census 744900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.03M
Blend (final) Blend
$1.78M

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2016
Price N/A
2005
Price N/A
2005
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R1 · Whitmore Lake, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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