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Property profile & analytics
OFF-MARKET
Drug stores
12998 Northline Rd, Southgate, MI 48195-1112
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-5279854
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1955
Total area
600 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C-1 COMM BUS
APN
53 001 06 1107 000
UPID
US43-5279854
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
-
Level Up Barbershop Barber Shop
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
Zeinab Saad · 2 yrs held
Zeinab Saad
since 2024
Last sale
$73,000
3 recorded transactions
Zoning & alternative use
C-1 COMM BUS · Southgate, 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 Southgate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southgate 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
$2,975
Tax year 2023
Assessed value
$40,200
Assessed 2024
Previous assessed
$37,400
+7.5% YoY
Effective rate
7.40%
On assessed value
Total market value
$80,400
Applied tax rate
82,405.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Stories
1
Total area
600 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C-1 COMM BUS
APN
53 001 06 1107 000
UPID
US43-5279854
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C-1 COMM BUS · Southgate, MI
Zoning C-1 COMM BUS · permitted uses
C-1 COMM BUS · Southgate, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southgate. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
FORCED AIR
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Zeinab Saad
Individual
Mailing address
2020 N ELIZABETH ST, DEARBORN, MI 48128-1372
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2024
—
Zeinab Saad
Abe Saad
Intrafamily Transfer
related
—
Dec 30, 2014
$73,000
Zeinab Saad
Reuter,barbara S
Grant Deed
—
—
—
Donald J Reuter
—
Deed Of Trust
related
$72,000 · Flagstar Bank Fsb
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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