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Property profile & analytics
OFF-MARKET
Strip malls
1455 Dix Hwy, Lincoln Park, MI 48146-1444
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-5286223
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1954
Construction
BRICK
Total area
3,100 SF
Lot
0.12 ac (5,227 SF)
APN
45 005 02 0460 001
UPID
US43-5286223
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
Kassem Abboud · 2 yrs held
Kassem Abboud
since 2023
Last sale
$85,000
7 recorded transactions
Zoning & alternative use
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 Lincoln Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln Park 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 2019Property tax & assessments
Tax year 2019
Tax billed
$4,753
Tax year 2019
Assessed value
$73,300
Assessed 2024
Previous assessed
$70,000
+4.7% YoY
Effective rate
6.48%
On assessed value
Total market value
$146,600
Applied tax rate
82,090.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1954
Construction
BRICK
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
3
Total area
3,100 SF
Lot
0.12 ac (5,227 SF)
APN
45 005 02 0460 001
UPID
US43-5286223
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1954
Construction
BRICK
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
3
Lot
0.12 ac
Current owner
From public records · entity-resolved
Kassem Abboud
Individual
Free & Clear · 2 yrs held
Mailing address
25434 AVONDALE ST, DEARBORN HEIGHTS, MI 48125-1002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Dec 4, 2023
$85,000
Kassem Abboud
Ann M Rodgers
Personal Representative Deed
—
Dec 1, 2023
$75,000
Dons Recovery LLC
Vernor Group LLC
Warranty Deed
—
Jan 31, 2022
—
Dons Recovery LLC
Auction Finds LLC
Quit Claim Deed
related
—
Oct 9, 2014
$75,000
Dons Recovery LLC|vernor Group LLC
Vernor Group LLC
Dual Purpose Document
$67,500 · Vernor Group LLC
Nov 29, 2010
$38,500
Vernor Group LLC
Treasurer Of Charter Cnty/wayne M
Quit Claim Deed
related
—
Mar 30, 2007
$4,882
John Baker
Treasurer Of Wayne County
Grant Deed
—
Jul 15, 2004
—
Refat Memmed
Mehmed,arline
Quit Claim Deed
related
—
Jul 15, 2004
$100,000
Ray Stephenson
Baker,john C
Grant 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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