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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Auto shops
1575 Milford Rd 103, Highland, MI 48357-4866
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US43-4938842
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1979
Total area
6,132 SF
Lot
1.68 ac (73,181 SF)
Zoning code
BI
APN
H -11-27-376-001
UPID
US43-4938842
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
$780k
Blend (final)
Blend
$685k
Owner & transaction history
1575 Highland Investment LLC · 7 yrs held
1575 Highland Investment LLC
since 2019
7 recorded transactions
Zoning & alternative use
BI · Highland, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+43.7%
Restaurant
$1.1M
+41.2%
Retail stores
$1.0M
+37.7%
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 Highland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland 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
AUTO REPAIR, GARAGE
$750,000
Current use
COMMERCIAL (GENERAL)
$1,080,000
Change: +44% · Conversion: Moderate
RESTAURANT
$1,060,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$1,035,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$970,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$720,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$112 / 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
$16,240
Tax year 2023
Assessed value
$313,430
Assessed 2024
Previous assessed
$329,370
-4.8% YoY
Effective rate
5.18%
On assessed value
Total market value
$626,860
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
1979
Heating
GAS
Buildings
4
Stories
1
Units
1
Total area
6,132 SF
Lot
1.68 ac (73,181 SF)
Zoning code
BI
APN
H -11-27-376-001
UPID
US43-4938842
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Highland, MI
Zoning BI · permitted uses
BI · Highland, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Highland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$750,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$970,000
OFFICE BUILDING
Est. value
$720,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
1979
Heating
GAS
Stories
1
Buildings
4
Units
1
Lot
1.68 ac
Current owner
From public records · entity-resolved
1575 Highland Investment LLC
Entity
Mailing address
1575 S MILFORD RD, HIGHLAND, MI 48357-4866
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2019
$300,000
1575 Highland Investment LLC
1575 S Milford LLC
Warranty Deed
—
Mar 25, 2019
—
1575 S Mitford LLC
Holger Danske LLC
Quit Claim Deed
related
—
Feb 6, 2018
—
1575 S Milford LLC
—
Deed
related
$250,000 · Private Individual
Feb 5, 2018
$300,000
Barrick Properties 40 LLC
Wadhams Dev Co Lc
Warranty Deed
—
Jun 21, 2016
$567,000
Wadhams Development Company Lc
J & P Petro Mart INC
Warranty Deed
$17,540,000 · Citizens Bank NA
Jun 20, 2003
$559,610
J & P Petro Mart INC
Knight Enterprises INC
Grant Deed
$1,000,000 · Fidelity Bank NA
Aug 9, 2002
$100,000
Knight Enterprises INC
Shamoun & Sons INC
Quit Claim Deed
related
—
Aug 9, 2002
$400,000
Knight Enterprises INC
R & F Properties Lc
Quit Claim Deed
related
—
Jun 12, 2001
$1,055,809
R & F Properties LLC
Highland Peoroleum LLC
Trustees Deed
—
Apr 17, 2001
$235,000
Jaafar Jaafar
Otlewski,james W & Dorothy
Grant Deed
—
—
—
J & P Petro Mart INC
—
Deed Of Trust
related
$735,000 · Mary Brikho
—
—
J & P Petro Mart INC
—
Deed Of Trust
related
$1,500,000 · United Bank & Trust Co
—
—
1575 S Milford LLC
—
Deed Of Trust
related
$250,000 · Private Individual
—
—
Riyadh Jiddou
—
Deed Of Trust
related
$30,000 · Knight Enterprises INC
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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