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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Grocery and convenience stores
17400 Savage Rd, Belleville, MI 48111-9805
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-5028925
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1965
Total area
5,920 SF
Lot
0.67 ac (29,185 SF)
APN
81 002 01 0005 002
UPID
US43-5028925
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
-
Joe's Appliance Service And Repair Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$645k
Owner & transaction history
Du All Cleaning INC · 4 yrs held
Du All Cleaning INC
since 2022
Last sale
$400,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$650,000
+38.0%
Restaurant
$615,000
+30.1%
Office building
$575,000
+22.1%
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 Belleville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belleville 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
$445,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$470,000
Current use
COMMERCIAL (GENERAL)
$650,000
Change: +38% · Conversion: Easy
RESTAURANT
$615,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$575,000
Change: +22% · Conversion: Moderate
MEDICAL BUILDING
$555,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$450,000
Change: -4% · Conversion: Easy
AUTO REPAIR, GARAGE
$425,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $400k (Jun 10 2022)
Last sale anchor
$400k
Jun 10 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
$109 / 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
$7,372
Tax year 2023
Assessed value
$152,000
Assessed 2024
Previous assessed
$139,700
+8.8% YoY
Effective rate
4.85%
On assessed value
Total market value
$304,000
Applied tax rate
82,430.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Stories
1
Total area
5,920 SF
Lot
0.67 ac (29,185 SF)
APN
81 002 01 0005 002
UPID
US43-5028925
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$470,000
COMMERCIAL (GENERAL)
Est. value
$650,000
RESTAURANT
Est. value
$615,000
OFFICE BUILDING
Est. value
$575,000
MEDICAL BUILDING
Est. value
$555,000
RETAIL STORES
Est. value
$450,000
AUTO REPAIR, GARAGE
Est. value
$425,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
Lot
0.67 ac
Current owner
From public records · entity-resolved
Du All Cleaning INC
Entity
Mailing address
35474 MOUND RD, STERLING HEIGHTS, MI 48310-4721
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2022
$400,000
Du All Cleaning INC
Joseph P Prieur
Warranty Deed
$300,000 · Public Service Cu
Sep 30, 2016
—
Joseph P Prieur
Prieur,vicki L
Quit Claim Deed
related
—
Feb 1, 2011
$73,000
Vicki L Prieur
Ib Property Holdings LLC
Grant Deed
—
Jul 18, 2007
—
Ib Property Holdings LLC
Bayview Loan Servicing LLC
Quit Claim Deed
—
Jun 1, 2007
$349,000
Bayview Loan Servicing LLC
Deputy Sheriff Of Wayne County
Trustees Deed
related
—
Nov 18, 2005
—
Elia Investment LLC
Elia Jawdat
Quit Claim Deed
related
—
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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