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Property profile & analytics
OFF-MARKET
Retail space
11006 Jefferson Ave, River Rouge, MI 48218-1208
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1237087
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
2,700 SF
Lot
0.03 ac (1,307 SF)
Zoning code
B2 GEN
APN
50 004 02 0011 001
UPID
US43-1237087
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
Mkmd Holdings LLC · 3 yrs held
Mkmd Holdings LLC
since 2022
7 recorded transactions
Zoning & alternative use
B2 GEN · River Rouge, 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 River Rouge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs River Rouge 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
$1,624
Tax year 2023
Assessed value
$16,900
Assessed 2024
Previous assessed
$16,400
+3.0% YoY
Effective rate
9.61%
On assessed value
Total market value
$33,800
Applied tax rate
82,120.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1946
Heating
FORCED AIR
Stories
1
Total area
2,700 SF
Lot
0.03 ac (1,307 SF)
Zoning code
B2 GEN
APN
50 004 02 0011 001
UPID
US43-1237087
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B2 GEN · River Rouge, MI
Zoning B2 GEN · permitted uses
B2 GEN · River Rouge, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
River Rouge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Heating
FORCED AIR
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Mkmd Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
24645 FAIRMOUNT DR, DEARBORN, MI 48124-1598
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2022
—
Mkmd Holdings LLC
Tarek Jaward
Quit Claim Deed
related
—
Sep 8, 2021
—
Tarek Jaward
At Last Real Estate Investments LLC
Land Contract
—
Sep 3, 2021
$36,020
At Last Real Estate Investments LLC
Donald A Volk
Warranty Deed
—
Jan 3, 2017
—
Donald A Volk
Volk,donald A
Quit Claim Deed
related
—
Oct 15, 2012
$14,500
Donald A Volk
Treasurer Of Charter Cnty/wayne M
Quit Claim Deed
related
—
Sep 12, 2012
—
Treasurer Of Wayne County
Owner Name Unavailable
Tax Deed
related
—
Jun 27, 2008
—
Alejandro A Hernandez
Alarcon,mario
Quit Claim Deed
related
—
Oct 1, 2007
$20,000
Mario Alarcon
Garcia,miguel
Warranty Deed
—
Sep 21, 2007
$21,500
Miquel Garcia
Sottile,andre M
Warranty 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.
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