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Property profile & analytics
OFF-MARKET
Estimated value
$3,465,000
Automotive properties
1645 Telegraph Rd Bloomfield Hills, MI 48302-0049
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1798358
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1965
Total area
34,000 SF
Lot
0.8 ac (34,848 SF)
Zoning code
BI
APN
C -19-06-202-039
UPID
US43-1798358
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
$3.94M
Blend (final)
Blend
$3.47M
Owner & transaction history
Campbell Commericial Ventures LLC · 2 yrs held
Campbell Commericial Ventures LLC
since 2024
6 recorded transactions
Zoning & alternative use
BI · Bloomfield Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Retail stores
$5.7M
+37.7%
Medical building
$5.4M
+28.8%
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 Bloomfield Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomfield Hills 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
$4,165,000
Current use
RETAIL STORES
$5,740,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$5,365,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$3,990,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$3.47M
Range $3.12M – $3.81M · ±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
$102 / 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
$31,868
Tax year 2023
Assessed value
$1,581,570
Assessed 2024
Previous assessed
$1,480,110
+6.9% YoY
Effective rate
2.01%
On assessed value
Total market value
$3,163,140
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Stories
1
Units
1
Total area
34,000 SF
Lot
0.8 ac (34,848 SF)
Zoning code
BI
APN
C -19-06-202-039
UPID
US43-1798358
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Bloomfield Hills, MIZoning BI · permitted uses
BI · Bloomfield Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$4.2M
RETAIL STORES
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$5.4M
OFFICE BUILDING
Est. value
$4.0M
AUTO REPAIR, GARAGE Current
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
1965
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Campbell Commericial Ventures LLC
Entity
Mailing address
4170 RICH DR, WATERFORD, MI 48329-1132
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
—
Campbell Commercial Ventures LLC
—
Deed
related
$250,000 · Comerica Bank
Apr 22, 2024
—
Campbell Commericial Ventures LLC
Celani Family LLC
Quit Claim Deed
related
$1,750,000 · Comerica Bank
Jul 14, 2006
—
Celani Family
Spectrum Leasing INC
Warranty Deed
$14,390,000 · Comerica Bank
Jun 23, 2000
—
Spectrum Leasing INC
—
Deed Of Trust
related
$1,500,000 · Citizens Federal Bank Fsb
—
—
Spectrum Leasing INC
—
Deed Of Trust
related
$300,000 · Flagstar Bank Fsb
—
—
Spectrum Leasing INC
—
Deed Of Trust
related
$1,950,000 · Flagstar Bank Fsb
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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