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Property profile & analytics
OFF-MARKET
Auto shops
14598 Schaefer Hwy, Detroit, MI 48227-3638
Entity Owned
1-yr Hold
Free & Clear
Property ID
US43-1305985
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1946
Total area
2,400 SF
Lot
0.08 ac (3,485 SF)
Zoning code
M2
APN
22029874.
UPID
US43-1305985
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
Massey Control LLC · 1 yrs held
Massey Control LLC
since 2025
Last sale
$2,475
6 recorded transactions
Zoning & alternative use
M2 · 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
$1,024
Tax year 2020
Assessed value
$29,500
Assessed 2024
Previous assessed
$26,700
+10.5% YoY
Effective rate
3.47%
On assessed value
Total market value
$59,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1946
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
2,400 SF
Lot
0.08 ac (3,485 SF)
Zoning code
M2
APN
22029874.
UPID
US43-1305985
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
M2 · Detroit, MI
Zoning M2 · permitted uses
M2 · 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
1946
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Massey Control LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 741109, HOUSTON, TX 77274-1109
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2025
$5,000
Massey Control LLC
Din Property Maintenance And Mgmt I
Quitclaim Deed
related
—
Nov 20, 2015
$2,475
Din Prop Maintenance & Mgmt In
Treasurer Of Charter Cnty/wayne M
Quit Claim Deed
related
—
Sep 16, 2015
—
Treasurer Of Wayne County
Owner Name Unavailable
Tax Deed
related
—
May 29, 2013
—
Empowerment Mainstreet
Marketplace Homes-global LLC
Quit Claim Deed
related
—
Sep 14, 2012
—
Street Empowerment Main
Homes Fast LLC
Quit Claim Deed
related
—
Jun 18, 2004
—
Goldfarb Bonding Agency LLC
Drake,catherine
Quit Claim Deed
related
—
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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