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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Flex space
13133 Star Dr, Shelby Township, MI 48315-2736
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-0119460
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1990
Total area
7,133 SF
Lot
0.71 ac (30,753 SF)
Zoning code
LM
APN
23-07-14-426-001
UPID
US43-0119460
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
-
EcoMend Warehouse & Storage
-
Consolidated Auto Transport US Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$550k
Owner & transaction history
1966 Ventures LLC · 1 yrs held
1966 Ventures LLC
since 2025
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
LM · Shelby Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$880,000
+42.2%
Medical building
$875,000
+41.7%
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 Shelby Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby Township 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
INDUSTRIAL (GENERAL)
$620,000
Current use
RETAIL STORES
$880,000
Change: +42% · Conversion: Moderate
MEDICAL BUILDING
$875,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$615,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Feb 1 2025)
Last sale anchor
$550k
Feb 1 2025
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
$77 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,492
Tax year 2022
Assessed value
$254,600
Assessed 2023
Previous assessed
$259,800
-2.0% YoY
Effective rate
2.94%
On assessed value
Total market value
$509,200
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Stories
1
Total area
7,133 SF
Lot
0.71 ac (30,753 SF)
Zoning code
LM
APN
23-07-14-426-001
UPID
US43-0119460
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
LM · Shelby Township, MI
Zoning LM · permitted uses
LM · Shelby Township, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelby Township. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$620,000
RETAIL STORES
Est. value
$880,000
MEDICAL BUILDING
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$615,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1990
Heating
FORCED AIR
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
1966 Ventures LLC
Entity
Mailing address
13133 W STAR DR, SHELBY TOWNSHIP, MI 48315-2736
Ownership since
2025
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
May 1, 2025
$550,000
1966 Ventures LLC
Motor City Auto Transport INC
Warranty Deed
—
Feb 22, 2021
—
Motor City Auto Transport INC
—
Deed
related
$365,625 · Eastern Michigan Bank
Apr 20, 2017
—
Motor City Auto Transport INC
—
Deed
related
$390,774 · Chemical Bank
Apr 5, 2005
—
Motor City Auto Transport INC
Ben Rizzo LLC
Warranty Deed
—
Jan 15, 2004
$55,000
Rizzo Investment Co
West Star Investment
Warranty Deed
—
—
—
Motor City Auto Transport INC
—
Deed Of Trust
related
$696,745 · Charter One Bank
—
—
Motor City Auto Transport INC
—
Deed Of Trust
related
$1,705,000 · Bank Of Birmingham
—
—
Motor City Auto Transport INC
—
Deed Of Trust
related
$325,000 · Bank Of Birmingham
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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