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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
1215 Gratiot Blvd Marysville, MI 48040-1178
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US43-4538895
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1980
Total area
8,550 SF
Lot
1.5 ac (65,209 SF)
Zoning code
C-3
APN
74-03-096-0018-000
UPID
US43-4538895
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
-
Viking Towing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$537k
Blend (final)
Blend
$535k
Owner & transaction history
Ss Kowalski Ents LLC · 6 yrs held
Ss Kowalski Ents LLC
since 2020
5 recorded transactions
Zoning & alternative use
C-3 · Marysville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-3 Thoroughfare Business Districts are designed to provide areas for business types that are generally located so as to serve passerby traffic. In addition, other businesses of a non retail nature that do not depend on proximity to other similar uses to generate customers are included within the district
Zone name
Thoroughfare Business District
General category
COMMERCIAL
Zone area
62.56 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$775,000
+28.1%
Office building
$695,000
+14.7%
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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$605,000
Current use
COMMERCIAL (GENERAL)
$775,000
Change: +28% · Conversion: Easy
OFFICE BUILDING
$695,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$555,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$485,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$63 / SF
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
$14,462
Tax year 2023
Assessed value
$257,000
Assessed 2024
Previous assessed
$253,600
+1.3% YoY
Effective rate
5.63%
On assessed value
Total market value
$514,000
Applied tax rate
3.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Stories
1
Total area
8,550 SF
Lot
1.5 ac (65,209 SF)
Zoning code
C-3
APN
74-03-096-0018-000
UPID
US43-4538895
Jurisdiction
SAINT CLAIR
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C-3 · Marysville, MIZoning C-3 · permitted uses
C-3 · Marysville, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-3 Thoroughfare Business Districts are designed to provide areas for business types that are generally located so as to serve passerby traffic. In addition, other businesses of a non retail nature that do not depend on proximity to other similar uses to generate customers are included within the district
Zone name
Thoroughfare Business District
General category
COMMERCIAL
Zone area
62.56 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$775,000
OFFICE BUILDING
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$555,000
WAREHOUSE, STORAGE
Est. value
$485,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
FORCED AIR
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Ss Kowalski Ents LLC
Entity
Mailing address
5277 GRATIOT AVE, SAINT CLAIR, MI 48079-1424
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2020
—
Ss Kowalski Ents LLC
Mark R Allen
Quit Claim Deed
—
Apr 4, 2014
—
Mark R Allen
Allen,mark & Linda
Quit Claim Deed
related
—
—
—
Auto Stylers INC
—
Deed Of Trust
related
$310,000 · Seaway Community Bank
—
—
Allen,mark R & Linda K
—
Deed Of Trust
related
$75,000 · Halco Dev Co LLC
—
—
Auto Stylers INC
—
Deed Of Trust
related
$288,500 · Huntington National 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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