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Property profile & analytics
OFF-MARKET
Estimated value
$2,110,000
Grocery and convenience stores
15275 Hall Rd Macomb, MI 48044-3842
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1140132
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1989
Total area
12,590 SF
Lot
2.1 ac (91,389 SF)
Zoning code
C4
APN
20-08-31-300-031
UPID
US43-1140132
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
-
Lakeside Auto and Powersports Car Dealership
-
L.S.A.Detailing Car Wash
-
23 North Operation Inc Apartment Building
-
Lakeside Auto Care Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$2.11M
Owner & transaction history
Outfront Media LLC · 1 yrs held
Outfront Media LLC
since 2025
7 recorded transactions
Zoning & alternative use
C4 · Macomb, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+35.9%
Medical building
$1.5M
+17.7%
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 Macomb submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macomb 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
RETAIL STORES
$1,315,000
Current use
RESTAURANT
$1,785,000
Change: +36% · Conversion: Easy
MEDICAL BUILDING
$1,545,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,295,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$2.11M
Range $1.90M – $2.32M · ±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
$168 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$35,626
Tax year 2022
Assessed value
$1,000,000
Assessed 2023
Previous assessed
$1,000,000
+0.0% YoY
Effective rate
3.56%
On assessed value
Total market value
$2,000,000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Stories
1
Total area
12,590 SF
Lot
2.1 ac (91,389 SF)
Zoning code
C4
APN
20-08-31-300-031
UPID
US43-1140132
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C4 · Macomb, MI
Zoning C4 · permitted uses
C4 · Macomb, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macomb. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1989
Heating
FORCED AIR
Stories
1
Lot
2.1 ac
Current owner
From public records · entity-resolved
Outfront Media LLC
Entity
Mailing address
220 S MAIN ST, ROYAL OAK, MI 48067-2676
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
Outfront Media LLC
Outdoor One Communications LLC
Deed
—
Apr 1, 2024
—
Prime -site Media LLC
Hall & Hayes Properties LLC
Deed
—
Oct 11, 2019
—
Hall & Hayes Properties LLC
—
Deed
related
$250,000 · First State Bank
Aug 2, 2018
—
Hall & Hayes Properties LLC
—
Deed
related
$250,000 · First State Bank
Jul 31, 2018
—
Hall & Hayes Properties LLC
—
Deed
related
$2,100,000 · First State Bank
Jul 16, 2014
—
Hall & Hayes Properties LLC
Hall & Hayes Properties LLC
Quit Claim Deed
related
$2,325,000 · Alliance Catholic Cu
Jul 28, 2004
—
Hall & Hays Properties LLC
Aztec Limited LLC
Quit Claim Deed
related
$2,781,347 · Citizens Federal Bank Fsb
—
—
Hall & Hayes Properties LLC
—
Deed Of Trust
related
$250,000 · Citizens Federal Bank Fsb
—
—
Hall & Hayes Properties LLC
—
Deed Of Trust
related
$200,000 · Alliance Catholic Cu
—
—
Hall & Hayes Properties LLC
—
Deed Of Trust
related
$600,000 · Citizens Federal Bank Fsb
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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