Back to Search
Property profile & analytics
FOR SALE
Commercial real estate
1401 Saint Clair Blvd Algonac, MI 48001
Entity Owned
Absentee Owner
Free & Clear
Property ID
US43-4528152
For Sale
1 / 33
$214,900
1401 Saint Clair Blvd, Algonac, MI 48001
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
1,318 SF
Lot
0.07 ac (3,049 SF)
Zoning code
R-3
APN
74-01-105-0187-000
UPID
US43-4528152
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
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
Algonac Corner Cottage LLC
Algonac Corner Cottage LLC
since 2025
1 recorded transaction
Zoning & alternative use
R-3 · Algonac, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
50-34. - Zoning districts. For the purposes of this article, the city is hereby divided into the following zoning districts: Residential Districts R-1 One-Family Residential District R-2 One-Family Residential District R-3 One- and Two-Family Residential District RM-1 Multiple-Family Residential District RM-2 Multiple-Family Residential District Nonresidenti…
Zone name
One And Two Family Residential District
General category
RESIDENTIAL
Zone area
277.25 ac
Source
code of ordinances
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 Algonac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Algonac 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
$2,243
Tax year 2023
Assessed value
$45,200
Assessed 2024
Previous assessed
$44,300
+2.0% YoY
Effective rate
4.96%
On assessed value
Total market value
$90,400
Applied tax rate
1.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
NONE
Stories
1
Total area
1,318 SF
Lot
0.07 ac (3,049 SF)
Zoning code
R-3
APN
74-01-105-0187-000
UPID
US43-4528152
Jurisdiction
SAINT CLAIR
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
R-3 · Algonac, MIZoning R-3 · permitted uses
R-3 · Algonac, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
50-34. - Zoning districts. For the purposes of this article, the city is hereby divided into the following zoning districts: Residential Districts R-1 One-Family Residential District R-2 One-Family Residential District R-3 One- and Two-Family Residential District RM-1 Multiple-Family Residential District RM-2 Multiple-Family Residential District Nonresidential Districts MB Marina Business District CBD Central Business District GB General
Zone name
One And Two Family Residential District
General category
RESIDENTIAL
Zone area
277.25 ac
Source
code of ordinances
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Algonac Corner Cottage LLC
Entity
Free & Clear · 0 yrs held
Mailing address
43820 BOULDER DR, CLINTON TOWNSHIP, MI 48038-1422
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2025
—
Algonac Corner Cottage LLC
John L Denardo & Dolcie Denardo 200
Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
