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Property profile & analytics
OFF-MARKET
Retail space
1652 Ortonville Rd, Ortonville, MI 48462-8819
Trust Owned
Free & Clear
Property ID
US43-1697196
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Total area
3,144 SF
Lot
1.38 ac (60,113 SF)
Zoning code
AI
APN
D -03-19-327-010
UPID
US43-1697196
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
Charles W Schneider Trust
Charles W Schneider Trust
since 2026
Last sale
$290,000
6 recorded transactions
Zoning & alternative use
AI · Ortonville, MI
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 Ortonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ortonville 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
$11,700
Tax year 2023
Assessed value
$207,080
Assessed 2024
Previous assessed
$202,540
+2.2% YoY
Effective rate
5.65%
On assessed value
Total market value
$414,160
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1987
Heating
YES
Stories
1
Units
1
Bathrooms
1
Total area
3,144 SF
Lot
1.38 ac (60,113 SF)
Zoning code
AI
APN
D -03-19-327-010
UPID
US43-1697196
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
AI · Ortonville, MI
Zoning AI · permitted uses
AI · Ortonville, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ortonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
YES
Stories
1
Units
1
Bathrooms
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Charles W Schneider Trust
Trust
Free & Clear · 0 yrs held
Mailing address
1652 S ORTONVILLE RD, ORTONVILLE, MI 48462-8819
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Jan 23, 2026
$325,000
Charles W Schneider Trust
Chamberlain Auction Galleries INC
Warranty Deed
—
Dec 18, 2025
$290,000
Chamberlain Auction Galleries INC
Mrc Enterprises LLC
Warranty Deed
—
Apr 26, 2000
$425,000
Mrc Enterprise LLC
Hale,richard & Bonnie E
Grant Deed
—
—
—
Mrc Ents LLC
—
Deed Of Trust
related
$310,000 · Paul A & Janice J Verhey
—
—
Mrc Ents LLC
—
Deed Of Trust
related
$340,000 · Clarkston State Bank
—
—
Mrc LLC
—
Deed Of Trust
related
$250,000 · Clarkston 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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