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Property profile & analytics
OFF-MARKET
Turn key restaurants
10 Jennings Rd, Whitmore Lake, MI 48189-9410
Entity Owned
14-yr Hold
Free & Clear
Property ID
US43-4269172
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Total area
2,518 SF
Lot
0.3 ac (13,024 SF)
Zoning code
LC-LOCAL COMMER
APN
B -02-05-363-014
UPID
US43-4269172
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
-
People's Express Freight Service Logistics Company
-
Hamilton Community Health Network Whitmore Lake Clinic Community Health Centre
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
Northfield Human Services INC · 14 yrs held
Northfield Human Services INC
since 2011
7 recorded transactions
Zoning & alternative use
LC-LOCAL COMMER · Whitmore Lake, 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 Whitmore Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whitmore Lake 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
$8
Tax year 2023
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1956
Heating
FORCED AIR
Cooling
YES
Total area
2,518 SF
Lot
0.3 ac (13,024 SF)
Zoning code
LC-LOCAL COMMER
APN
B -02-05-363-014
UPID
US43-4269172
Jurisdiction
WASHTENAW
Zoning & alternative use
LC-LOCAL COMMER · Whitmore Lake, MI
Zoning LC-LOCAL COMMER · permitted uses
LC-LOCAL COMMER · Whitmore Lake, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whitmore Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Heating
FORCED AIR
Cooling
Yes
Lot
0.3 ac
Current owner
From public records · entity-resolved
Northfield Human Services INC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 505, WHITMORE LAKE, MI 48189-0505
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2011
$125,000
Northfield Human Services INC
Ruelle,robert J
Warranty Deed
—
Aug 29, 2008
—
Robert J Ruelle
Ruelle,robert J
Quit Claim Deed
related
—
Dec 21, 2007
$62,000
Robert J Ruelle
Jpmorgan Chase Bank NA
Quit Claim Deed
related
—
Sep 4, 2007
$6,623
Gloria Ruelle
Treasurer Of Washtenaw County
Grant Deed
—
Mar 13, 2007
$5,948
Gloria C Ruelle
Treasurer Of Washtenaw County
Grant Deed
—
Feb 23, 2007
$45,201
Jpmorgan Chase Bank NA
Sheriff Of Washtenaw County
Trustees Deed
related
—
—
—
Robert J Ruelle
—
Deed Of Trust
related
$19,240 · D & H Asphalt Co
—
—
Richard R Gulley
—
Deed Of Trust
related
$67,500 · State Bank
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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