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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Government properties
16345 9th Mile Rd Eastpointe, MI 48021-2439
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-4170994
Property profile
Verified
Property type
Government properties
Use group
CENTRALLY ASSESSED
Year built
1994
Total area
8,433 SF
Lot
0.53 ac (23,261 SF)
Zoning code
B-3
APN
02-14-30-454-035
UPID
US43-4170994
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
-
US Rehab - Eastpointe Medical Clinic
-
Community Choice Credit Union Credit Union
-
BMQA Chimney Fix & Cleaning Services Inc. General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Thane Holdings 1 LLC · 4 yrs held
Thane Holdings 1 LLC
since 2022
Last sale
$610,000
7 recorded transactions
Zoning & alternative use
B-3 · Eastpointe, MI
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 Eastpointe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eastpointe 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
$610,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $610k (Jul 8 2022)
Last sale anchor
$610k
Jul 8 2022
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
$72 / 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
$31,884
Tax year 2022
Assessed value
$590,100
Assessed 2023
Previous assessed
$528,100
+11.7% YoY
Effective rate
5.40%
On assessed value
Total market value
$1,180,200
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
Government properties
Use group
CENTRALLY ASSESSED
Status
Off-Market
Year built
1994
Heating
PACKAGE
Stories
3
Total area
8,433 SF
Lot
0.53 ac (23,261 SF)
Zoning code
B-3
APN
02-14-30-454-035
UPID
US43-4170994
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Eastpointe, MIZoning B-3 · permitted uses
B-3 · Eastpointe, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1994
Heating
PACKAGE
Stories
3
Lot
0.53 ac
Current owner
From public records · entity-resolved
Thane Holdings 1 LLC
Entity
Mailing address
20760 TURNBERRY BLVD, NORTHVILLE, MI 48167-2197
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$610,000
Thane Holdings 1 LLC
Community Choice Credit Union
Deed
$488,000 · Old National Bank
Feb 26, 2009
—
Leo Xiii Kc FCU
City Of Eastpointe
Quit Claim Deed
related
—
Aug 21, 2008
$625,000
Leo Xiii Kc FCU
First St Bk/e Detroit
Grant Deed
related
—
Sep 15, 2006
$800,000
First State Bank Of East Detroit
Sheriff Of Macomb County
Trustees Deed
related
—
Jan 21, 2004
$900,000
Gekjela Investments LLC
16345 Nine Mile
Warranty Deed
—
—
—
Gary B Arini
—
Deed Of Trust
related
$100,000 · Dennis & Elaine Humphrey
—
—
Gekjela Invest
—
Deed Of Trust
related
$935,000 · First State 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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