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Property profile & analytics
FOR SALE
Commercial land
Highland Rd, Hartland Twp, MI 48353
Trust Owned
7-yr Hold
Free & Clear
Property ID
US43-2680048
For Sale
1 / 7
$149,900
Highland Rd, Hartland Twp, MI 48353
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.6 ac (26,136 SF)
Zoning code
NSC
APN
08-24-400-039
UPID
US43-2680048
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
Seto,sau T Trust · 7 yrs held
Seto,sau T Trust
since 2019
7 recorded transactions
Zoning & alternative use
NSC · Hartland, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hartland Twp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,689
Tax year 2023
Assessed value
$44,200
Assessed 2024
Previous assessed
$44,200
+0.0% YoY
Effective rate
3.82%
On assessed value
Total market value
$88,400
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.6 ac (26,136 SF)
Zoning code
NSC
APN
08-24-400-039
UPID
US43-2680048
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
NSC · Hartland, MI
Zoning NSC · permitted uses
NSC · Hartland, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.6 ac
Current owner
From public records · entity-resolved
Seto,sau T Trust
Trust
Free & Clear · 7 yrs held
Mailing address
2927 WALING WOODS DR, HIGHLAND, MI 48356-2172
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2019
—
Seto,sau T Trust
Seto,sau T
Quit Claim Deed
related
—
Jul 26, 2017
$29,000
Sau T Seto
Lisowe,bradley
Warranty Deed
—
Jun 22, 2016
$29,000
Sau T Seto
Lisowe,bradley
Dual Purpose Document
related
$23,000 · Bradley Lisowe
May 29, 2012
—
Livingston County Treasurer
Pjt Land LLC
Tax Deed
related
—
Jan 2, 2007
—
Shj INC Ps Trust
Shj INC Money Purchase Trust
Quit Claim Deed
related
—
Jan 2, 2007
$103,330
Shj INC Ps Trust
Npb Mortgage LLC
Warranty Deed
—
Jan 2, 2007
$414,937
Shj INC Ps Trust
Npb Mortgage LLC
Grant Deed
—
May 13, 2004
$85,000
Npb Mortgage LLC
Shj INC
Grant Deed
related
—
Dec 13, 2002
—
Shj INC
Pjt Land LLC
Grant Deed
related
—
Dec 3, 1999
$82,000
Seto,sau T
Andrew W Renfew & Associates
Trustees Deed
—
Dec 3, 1999
$155,000
Shj INC
Seto,sau T
Trustees Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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