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Property profile & analytics
OFF-MARKET
Auto shops
16075 Hamilton Ave, Highland Park, MI 48203-2728
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-4648040
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1921
Total area
6,000 SF
Lot
0.24 ac (10,454 SF)
APN
43 005 01 0239 000
UPID
US43-4648040
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
Mission Driven Investments LLC · 3 yrs held
Mission Driven Investments LLC
since 2022
Last sale
$185,000
7 recorded transactions
Zoning & alternative use
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 Highland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland 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
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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,181
Tax year 2023
Assessed value
$60,300
Assessed 2024
Previous assessed
$59,600
+1.2% YoY
Effective rate
8.59%
On assessed value
Total market value
$120,600
Applied tax rate
82,070.0000
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
1921
Heating
FORCED AIR
Stories
2
Total area
6,000 SF
Lot
0.24 ac (10,454 SF)
APN
43 005 01 0239 000
UPID
US43-4648040
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, 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
Building & site characteristics
From public records
Year built
1921
Heating
FORCED AIR
Stories
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Mission Driven Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
17707 CANVASBACK DR, CLINTON TOWNSHIP, MI 48038-1186
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Oct 6, 2022
$105,000
Mission Driven Investments LLC
County Of Wayne
Public Action
related
—
Jul 11, 2019
—
Wayne County Treasurer
Treasurer Of Wayne County
Tax Deed
related
—
Dec 18, 2015
—
Rayshard D Tucker
Moore,willie F
Quit Claim Deed
related
—
May 15, 2015
$4,000
Richard A Cooper
Cooper Richard A
Quit Claim Deed
related
—
Jul 15, 2013
—
Richard Cooper
Cooper,richard
Quit Claim Deed
related
—
May 7, 2013
$4,000
Richard A Cooper
Clanton,jessie B
Quit Claim Deed
related
—
Dec 20, 2011
$5,101
Jessie B Clanton
Treasurer Of Charter Cnty/wayne M
Quit Claim Deed
related
—
Sep 16, 2011
—
Treasurer Of Wayne County
Owner Name Unavailable
Tax Deed
related
—
Mar 18, 2010
$54,000
Independence Bk First
Deputy Sheriff Of Wayne County
Trustees Deed
related
—
Mar 20, 2006
$185,000
Arthur B Blackwell
Smith,eric V & Leslie K
Warranty Deed
$129,500 · First Independence Bank
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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