New search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
215 Ecorse Rd, Ypsilanti, MI 48198-5714
Individually Owned
Free & Clear
Property ID
US43-4701215
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Total area
540 SF
Lot
0.51 ac (22,216 SF)
APN
K -11-10-307-019
UPID
US43-4701215
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
-
Gas Station Gas Station
-
Citgo gas station Gas Station
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
Ghaleb F Hatem
Ghaleb F Hatem
since 2026
Last sale
$55,000
7 recorded transactions
Zoning & alternative use
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 Ypsilanti submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ypsilanti 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
Assessed value
$202,800
Assessed 2024
Previous assessed
$200,700
+1.0% YoY
Total market value
$405,600
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Heating
OTHER
Cooling
AC.PACKAGE
Total area
540 SF
Lot
0.51 ac (22,216 SF)
APN
K -11-10-307-019
UPID
US43-4701215
Jurisdiction
WASHTENAW
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
OTHER
Cooling
Yes
Lot
0.51 ac
Current owner
From public records · entity-resolved
Ghaleb F Hatem
Individual
Free & Clear · 0 yrs held
Mailing address
4785 TARA CT, WEST BLOOMFIELD, MI 48323-3646
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2026
—
Ghaleb F Hatem
Maya Zaben
Quitclaim Deed
related
—
Feb 23, 2022
—
Hatem Ghaleb
Auto Planet Enterprise LLC
Quit Claim Deed
related
—
Dec 4, 2019
—
Maya Zaben
215 Ecorse LLC
Quit Claim Deed
related
—
May 1, 2019
—
Ghaleb F Hatem
Kassassir,sumayah
Quit Claim Deed
related
—
Jun 12, 2018
—
Eddie Zaben
—
Deed
related
$50,000 · Private Individual
Jun 16, 2010
$55,000
Sumayah Kassassir
Fdic
Warranty Deed
—
Jun 11, 2008
$336,828
Warren Bk
Sheriff Of Washtenaw County
Trustees Deed
related
—
Oct 10, 2006
$400,000
Ecorse Investment Props LLC
Fast Track Ventures LLC
Warranty Deed
$315,000 · Warren Bank
Apr 18, 2003
—
Fast Track Ventures LLC
—
Deed Of Trust
related
$10,000,000 · Comerica Bank
Nov 22, 2002
$215,000
Fast Track Ventures LLC
Otg 3 LLC
Quit Claim Deed
related
$500,000 · Bank One NA
Aug 26, 1999
—
Otg 3 LLC
Clark Refining & Marketing INC
Grant Deed
$200,000 · Ffca Acquisition Corp
—
—
Ecorse Quick Stop INC
—
Deed Of Trust
related
$33,190 · Hadi Group Distributors INC
—
—
Eddie Zaben
—
Deed Of Trust
related
$50,000 · Private Individual
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?”
You own 215 Ecorse Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
