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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
14407 Mack Ave, Detroit, MI 48215-2518
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-4153546
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1964
Total area
1,848 SF
Lot
0.41 ac (17,860 SF)
Zoning code
B4
APN
21001362.
UPID
US43-4153546
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
-
Sunoco Gas Station
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
Mack Petro Property LLC · 5 yrs held
Mack Petro Property LLC
since 2021
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
B4 · Detroit, 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 Detroit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Detroit 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 2020Property tax & assessments
Tax year 2020
Tax billed
$11,245
Tax year 2020
Applied tax rate
82,010.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1964
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
1,848 SF
Lot
0.41 ac (17,860 SF)
Zoning code
B4
APN
21001362.
UPID
US43-4153546
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B4 · Detroit, MI
Zoning B4 · permitted uses
B4 · Detroit, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Detroit. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Mack Petro Property LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3309 EDWIN ST, HAMTRAMCK, MI 48212-3324
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2021
$300,000
Mack Petro Property LLC
Barrick Properties 40 LLC
Warranty Deed
—
Oct 13, 2017
—
Mack Petro Property LLC
Barrick Properties 40 LLC
Quit Claim Deed
—
Oct 12, 2017
$185,000
14407 Mack Property LLC
Barrick Properties 40 LLC
Warranty Deed
—
Oct 12, 2017
$450,000
Barrick Properties 40 LLC
14407 Mack Property LLC
Warranty Deed
—
Sep 17, 2015
—
14407 Mack Property LLC
Barrick Properties 40 LLC
Quit Claim Deed
—
Aug 31, 2015
—
Barrick Properties 40 LLC
Chalmers & Mack Properties LLC
Warranty Deed
—
May 11, 2009
—
Chalmers & Mack Properties LLC
Barrick Properties 40 LLC
Grant Deed
—
Mar 23, 2009
$150,000
Barrick Properties 40 LLC
Business Loan Center LLC
Grant Deed
—
Jul 25, 2008
$275,875
Business Loan Center LLC
Deputy Sheriff Of Wayne County
Trustees Deed
related
—
—
—
Barrick Properties 40 LLC
—
Deed Of Trust
related
$12,457 · Comerica 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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