New search
Property profile & analytics
OFF-MARKET
Retail space
1104 4th St, Monroe, MI 48161-1216
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-5242702
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1957
Construction
WOOD FRAME
Total area
6,120 SF
Lot
0.72 ac (31,233 SF)
Zoning code
R-1A
APN
55-49-01210-000
UPID
US43-5242702
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
-
The Village Market Grocery & Convenience Store Food Market
-
ATM Atm
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
Oaks Of Righteousness Crstn Ministr · 2 yrs held
Oaks Of Righteousness Crstn Ministr
since 2024
Last sale
$160,000
7 recorded transactions
Zoning & alternative use
R-1A · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$4,084
Tax year 2023
Assessed value
$64,470
Assessed 2023
Previous assessed
$64,470
+0.0% YoY
Effective rate
6.33%
On assessed value
Total market value
$128,940
Applied tax rate
55.0000
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
1957
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
6,120 SF
Lot
0.72 ac (31,233 SF)
Zoning code
R-1A
APN
55-49-01210-000
UPID
US43-5242702
Jurisdiction
MONROE
Zoning & alternative use
R-1A · Monroe, MI
Zoning R-1A · permitted uses
R-1A · Monroe, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Oaks Of Righteousness Crstn Ministr
Individual
Mailing address
1104 E 4TH ST, MONROE, MI 48161-1216
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2024
$160,000
Oaks Of Righteousness Crstn Ministr
Monroe Food Center INC
Warranty Deed
$111,000 · First Merchants Bank
Dec 21, 2020
—
Oaks Of Righteousness Christia
Monroe Food Ctr INC
Grant Deed
related
—
Apr 4, 2019
—
Nabil B Bally
Bally,robert N
Quit Claim Deed
related
—
Sep 27, 2010
—
Monroe Food Center INC
Khidhir,abdel-maslin
Quit Claim Deed
related
—
Jun 1, 2009
$190,000
Monroe Market Place LLC
Dado,ikhlas
Warranty Deed
—
Mar 16, 2006
$110,000
Ikhlas Dado
Bally,walid D & Widad J
Warranty Deed
—
—
—
Ikhlas Dado
—
Deed Of Trust
related
$250,000 · Mainstreet Lndr Conventional
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 1104 4th St?
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.
