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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Medical Office Space
15101 Southfield Rd, Allen Park, MI 48101-2697
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-0939331
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1962
Total area
6,218 SF
Lot
1.17 ac (50,965 SF)
Zoning code
C 4
APN
30 013 01 0047 000
UPID
US43-0939331
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
-
Downriver Family Physicians Medical Clinic
-
Kirti Jain Pediatrician Physician
-
Nazer Abdel Fattah Physician
-
Downriver Family Physicians/ Dr. Kirti Jain Pediatrician Physician
-
Park Urgent Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$837k
Blend (final)
Blend
$835k
Owner & transaction history
Halo Property Group LLC · 1 yrs held
Halo Property Group LLC
since 2025
3 recorded transactions
Zoning & alternative use
C 4 · Allen Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$685,000
+16.6%
Restaurant
$645,000
+10.0%
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 Allen Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allen 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
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
MEDICAL BUILDING
$585,000
Current use
COMMERCIAL (GENERAL)
$685,000
Change: +17% · Conversion: Easy
RESTAURANT
$645,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$580,000
Change: -1% · Conversion: Easy
RETAIL STORES
$530,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±10%
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
$134 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$38,702
Tax year 2023
Assessed value
$541,500
Assessed 2024
Previous assessed
$520,500
+4.0% YoY
Effective rate
7.15%
On assessed value
Total market value
$1,083,000
Applied tax rate
82,020.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1962
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
6,218 SF
Lot
1.17 ac (50,965 SF)
Zoning code
C 4
APN
30 013 01 0047 000
UPID
US43-0939331
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C 4 · Allen Park, MI
Zoning C 4 · permitted uses
C 4 · Allen Park, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allen Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$585,000
COMMERCIAL (GENERAL)
Est. value
$685,000
RESTAURANT
Est. value
$645,000
OFFICE BUILDING
Est. value
$580,000
RETAIL STORES
Est. value
$530,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
RETAIL STORES
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
1962
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Halo Property Group LLC
Entity
Mailing address
15101 SOUTHFIELD RD STE #104, ALLEN PARK, MI 48101-2664
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
—
Halo Property Group LLC
Gk Allen Park LLC
Deed
$990,000 · Jpmorgan Chase Bank NA
Jun 30, 2009
—
Gk Allen Park LLC
Gupta,kristine K
Grant Deed
—
Aug 30, 2005
—
Kristine K Gupta
Kim,soon K & Bouh H
Warranty 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.
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