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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1166 Ecorse Rd, Ypsilanti, MI 48198-5850
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-1953747
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1984
Total area
1,462 SF
Lot
0.3 ac (13,068 SF)
APN
K -11-10-467-002
UPID
US43-1953747
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
-
bp Gas Station
-
Bitcoin ATM Ypsilanti - Coinhub Currency Exchange Service Atm
-
Mr. TONY CHECK CASHING Check Cashing
-
Hunt Brothers Pizza and Wings Restaurant Take-out & Catering
-
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
M&r Petroleum LLC · 3 yrs held
M&r Petroleum LLC
since 2023
Last sale
$500,000
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
$235,400
Assessed 2024
Previous assessed
$234,800
+0.3% YoY
Total market value
$470,800
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
Year built
1984
Heating
OTHER
Cooling
AC.PACKAGE
Total area
1,462 SF
Lot
0.3 ac (13,068 SF)
APN
K -11-10-467-002
UPID
US43-1953747
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
Year built
1984
Heating
OTHER
Cooling
Yes
Lot
0.3 ac
Current owner
From public records · entity-resolved
M&r Petroleum LLC
Entity
Mailing address
23212 GRAYSON DR, SOUTHFIELD, MI 48075-3690
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
—
M&r Petroleum LLC
—
Deed
related
$701,000 · Genisys Cu
Apr 18, 2023
—
M&r Petroleum LLC
—
Deed
related
—
Apr 7, 2023
$500,000
M&r Petroleum LLC
Tasj Investment LLC
Warranty Deed
$550,000 · Genisys Cu
Jul 20, 2020
—
Tasj Investment LLC
—
Deed
related
—
Jul 22, 2010
$150,000
Tasj Investment LLC
Ypsilanti R & R Mart LLC
Quit Claim Deed
related
—
Sep 11, 2009
—
Ypsilanti R & R Mini Mart LLC
Notzrim Property Management
Warranty Deed
—
Nov 20, 2007
—
Notzrim Property-management Co
Comerica Bank
Grant Deed
—
Mar 16, 2007
$800,000
Comerica Bank
Sheriff Of Washtenaw County
Trustees Deed
related
—
Feb 6, 2006
$895,000
Northwest Gas & Mart INC
Buddys Investment INC
Warranty Deed
$1,447,000 · Comerica Bank
Apr 21, 2005
—
Buddys Investment INC
South Street Investments INC
Warranty Deed
$8,138,500 · Comerica Bank
Dec 2, 1999
—
South Street Investment LLC
H & A Investment Co INC
Quit Claim Deed
related
—
—
—
Ypsilanti R & R Mini Mart LLC
—
Deed Of Trust
related
$1,000,000 · Comerica Bank
—
—
South Street Investments LLC
—
Deed Of Trust
related
$11,000,000 · Comerica Bank
—
—
Buddys Invesments INC
—
Deed Of Trust
related
$50,000 · Pipeline Oil Sales INC
—
—
Tasj Investment LLC
—
Deed Of Trust
related
—
—
—
Notzrim Property Management Co
—
Deed Of Trust
related
$1,000,000 · Comerica Bank
—
—
Tasj Investment LLC
—
Deed Of Trust
related
$100,000 · Corrigan Oil Co 11
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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