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Property profile & analytics
OFF-MARKET
Estimated value
$1,355,000
Retail space
1638 Haggerty Rd Canton, MI 48187-3711
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US43-0020883
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Total area
8,536 SF
Lot
1.09 ac (47,480 SF)
Zoning code
MR
APN
71 050 99 0017 001
UPID
US43-0020883
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
$1.35M
Blend (final)
Blend
$1.36M
Owner & transaction history
Abros Canton Realty LLC · 18 yrs held
Abros Canton Realty LLC
since 2008
7 recorded transactions
Zoning & alternative use
MR · Canton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+138.9%
Apartment house (5+ units)
$2.0M
+112.7%
Commercial (general)
$1.4M
+55.8%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$915,000
Current use
RESTAURANT
$2,190,000
Change: +139% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,950,000
Change: +113% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,430,000
Change: +56% · Conversion: Easy
OFFICE BUILDING
$1,135,000
Change: +24% · Conversion: Easy
AUTO REPAIR, GARAGE
$935,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$830,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.36M
Range $1.22M – $1.49M · ±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
$159 / 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
$27,182
Tax year 2023
Assessed value
$538,700
Assessed 2024
Previous assessed
$484,200
+11.3% YoY
Effective rate
5.05%
On assessed value
Total market value
$1,077,400
Applied tax rate
82,100.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Stories
1
Rooms
7
Bathrooms
1
Total area
8,536 SF
Lot
1.09 ac (47,480 SF)
Zoning code
MR
APN
71 050 99 0017 001
UPID
US43-0020883
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
MR · Canton, MI
Zoning MR · permitted uses
MR · Canton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$915,000
RESTAURANT
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$935,000
MEDICAL BUILDING
Est. value
$830,000
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL 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
2008
Heating
FORCED AIR
Stories
1
Rooms
7
Bathrooms
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Abros Canton Realty LLC
Entity
Mailing address
1634 N HAGGERTY RD, CANTON, MI 48187-3711
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
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
Dec 9, 2020
—
Abro S Canton Realty LLC
—
Deed
related
$500,000 · Bank Of Ann Arbor
Jul 31, 2018
—
Abros Canton Realty LLC
—
Deed
related
$1,500,000 · Bank Of Ann Arbor
Jul 21, 2008
—
Abros Canton Realty LLC
Abro,mahdi & Shatha
Quit Claim Deed
related
$950,000 · Ann Arbor Commerce Bank
—
—
Abros Canton Realty LLC
—
Loan Modification
related
$1,572,195 · Bank Of Ann Arbor
—
—
International Transmission Co
—
Loan Modification
related
—
—
—
Abros Canton Realty LLC
—
Loan Modification
related
$1,500,000 · Bank Of Ann Arbor
—
—
Abros Canton Realty LLC
—
Loan Modification
related
$1,050,000 · Bank Of Ann Arbor
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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