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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Super regional malls
1249 Baldwin Ave Pontiac, MI 48340-1909
Entity Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0262834
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1961
Total area
27,110 SF
Lot
2.53 ac (110,207 SF)
Zoning code
BI
APN
64-14-17-179-004
UPID
US43-0262834
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
-
Señor Tacos Restaurant
-
Amazon Locker - Antibody Postal Service Courier Service
-
Save A Lot Grocery & Convenience Store Food Market
-
Cardtronics ATM Atm
-
Bitcoin Depot | Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.10M
Owner & transaction history
Baldwin Square LLC · 25 yrs held
Baldwin Square LLC
since 2000
7 recorded transactions
Zoning & alternative use
BI · Pontiac, 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 Pontiac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pontiac 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
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±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
$41 / 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
$22,146
Tax year 2023
Assessed value
$666,330
Assessed 2024
Previous assessed
$647,620
+2.9% YoY
Effective rate
3.32%
On assessed value
Total market value
$1,332,660
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1961
Heating
YES
Buildings
5
Stories
1
Units
1
Total area
27,110 SF
Lot
2.53 ac (110,207 SF)
Zoning code
BI
APN
64-14-17-179-004
UPID
US43-0262834
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Pontiac, MI
Zoning BI · permitted uses
BI · Pontiac, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pontiac. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Heating
YES
Stories
1
Buildings
5
Units
1
Lot
2.53 ac
Current owner
From public records · entity-resolved
Baldwin Square LLC
Entity
Mailing address
4312 LIN DR, STERLING HEIGHTS, MI 48310-3351
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
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
Jun 30, 2021
—
Baldwin Square LLC
—
Deed
related
$1,040,000 · Community Choice Cu
Mar 12, 2018
—
Baldwin Square LLC
—
Grant Deed
related
$1,335,000 · Bank Of Ann Arbor
Aug 3, 2000
$1,195,000
Baldwin Square LLC
Resnick,robert G
Grant Deed
$1,145,000 · Robert G & Karen A
—
—
Baldwin Square LLC|naima-east LLC
—
Deed Of Trust
related
$170,000 · Bank Of Ann Arbor
—
—
Baldwin Square LLC
—
Deed Of Trust
related
$1,350,000 · Bank Of Ann Arbor
—
—
Baldwin Square LLC
—
Deed Of Trust
related
$425,000 · Peoples State Bank
—
—
Baldwin Square LLC
—
Deed Of Trust
related
$1,150,000 · Peoples State Bank
—
—
Baldwin Square LLC
—
Deed Of Trust
related
$400,000 · Bank Of Ann Arbor
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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