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Property profile & analytics
OFF-MARKET
Estimated value
$3,315,000
Motels
18777 Northline Rd, Southgate, MI 48195-2262
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-5190767
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1988
Total area
44,211 SF
Lot
2.94 ac (128,066 SF)
Zoning code
C-2 GEN BUS
APN
53 014 99 0005 003
UPID
US43-5190767
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
-
Motel 6 Southgate, MI - Detroit Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.31M
Blend (final)
Blend
$3.32M
Owner & transaction history
Nyry LLC · 2 yrs held
Nyry LLC
since 2024
6 recorded transactions
Zoning & alternative use
C-2 GEN BUS · Southgate, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.9M
+76.8%
Restaurant
$4.6M
+66.6%
Office building
$4.3M
+56.3%
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 Southgate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southgate 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
HOTEL/MOTEL
$2,745,000
Current use
COMMERCIAL (GENERAL)
$4,855,000
Change: +77% · Conversion: Difficult
RESTAURANT
$4,580,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$4,295,000
Change: +56% · Conversion: Difficult
MEDICAL BUILDING
$4,165,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,520,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$3,365,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$3.32M
Range $2.98M – $3.65M · ±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
$75 / 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
$86,531
Tax year 2023
Assessed value
$1,216,200
Assessed 2024
Previous assessed
$1,100,600
+10.5% YoY
Effective rate
7.11%
On assessed value
Total market value
$2,432,400
Applied tax rate
82,405.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Buildings
6
Stories
2
Total area
44,211 SF
Lot
2.94 ac (128,066 SF)
Zoning code
C-2 GEN BUS
APN
53 014 99 0005 003
UPID
US43-5190767
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C-2 GEN BUS · Southgate, MI
Zoning C-2 GEN BUS · permitted uses
C-2 GEN BUS · Southgate, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southgate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$4.9M
RESTAURANT
Est. value
$4.6M
OFFICE BUILDING
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
RETAIL STORES
Est. value
$3.4M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1988
Heating
FORCED AIR
Stories
2
Buildings
6
Lot
2.94 ac
Current owner
From public records · entity-resolved
Nyry LLC
Entity
Mailing address
18777 NORTHLINE RD, SOUTHGATE, MI 48195-2262
Mailing matches property
Yes
Owner-occupied
Yes
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
Feb 24, 2026
—
Northline Lodging INC
—
Deed
related
$3,500,000 · University Bank
May 21, 2024
—
Nyry LLC
Aboona Corporation
Intrafamily Transfer
related
—
Oct 21, 2022
—
Aboona Corporation
—
Deed
related
$750,000 · Flagstar Bank Fsb
Jan 8, 2004
—
Aboona Corp
Cross Country Inns LLC
Warranty Deed
related
—
—
—
Aboona Corp
—
Deed Of Trust
related
$2,000,000 · Charter One Bank
—
—
Aboona Corp
—
Deed Of Trust
related
$900,000 · Huntington National 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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