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Property profile & analytics
OFF-MARKET
Estimated value
$6,135,000
Retail space
154 Saginaw St Pontiac, MI 48342-2112
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-2250487
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1928
Total area
67,528 SF
Lot
1.32 ac (57,499 SF)
APN
64-14-29-279-036
UPID
US43-2250487
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
-
Batch No. 154 Cafe Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.07M
Blend (final)
Blend
$6.14M
Owner & transaction history
Michigan Homeowner Assistance Nonpr · 1 yrs held
Michigan Homeowner Assistance Nonpr
since 2024
Last sale
$8.2M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.9M
+94.2%
Neighborhood: shopping center
$6.3M
+54.1%
Industrial (general)
$5.5M
+34.1%
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 Pontiac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pontiac 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
$4,080,000
Current use
OFFICE BUILDING
$7,920,000
Change: +94% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,285,000
Change: +54% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,470,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$6.14M
Range $5.52M – $6.75M · ±10% · vs last sale $8.20M (Aug 21 2024)
Last sale anchor
$8.20M
Aug 21 2024
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
$91 / 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
$92,270
Tax year 2023
Assessed value
$1,696,350
Assessed 2024
Previous assessed
$1,685,450
+0.6% YoY
Effective rate
5.44%
On assessed value
Total market value
$3,392,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1928
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
67,528 SF
Lot
1.32 ac (57,499 SF)
APN
64-14-29-279-036
UPID
US43-2250487
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, 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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.1M
OFFICE BUILDING
Est. value
$7.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.3M
INDUSTRIAL (GENERAL)
Est. value
$5.5M
RETAIL STORES Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (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
1928
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
Michigan Homeowner Assistance Nonpr
Individual
Free & Clear · 1 yrs held
Mailing address
79 OAKLAND AVE, PONTIAC, MI 48342-2044
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
$8,200,000
Michigan Homeowner Assistance Nonpr
Lafayetfe Place Lofts LLC
Warranty Deed
—
Jan 25, 2012
—
Lafayette Place Lofts LLC
—
Grant Deed
related
$9,262,500 · Mmf Gg Cde LLC
Jun 21, 2011
—
Layfayette Place Lofts LLC
Glenhurst Group LLC
Quit Claim Deed
related
$200,000 · Opportunity Resource Fund
—
—
Michigan Land Bank Fast Track
—
Deed Of Trust
related
$5,900,000 · Housing Development Corp
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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