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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
203 Telegraph Rd Pontiac, MI 48341-1935
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US43-0245870
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1998
Total area
1,418 SF
Lot
0.15 ac (6,534 SF)
Zoning code
BI
APN
64-14-31-152-001
UPID
US43-0245870
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
-
bp Gas Station
-
BudgetCoinz Bitcoin ATM Atm
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
Fadel Property LLC · 6 yrs held
Fadel Property LLC
since 2020
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
BI · Pontiac, 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 Pontiac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pontiac 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
$13,637
Tax year 2023
Assessed value
$256,630
Assessed 2024
Previous assessed
$248,420
+3.3% YoY
Effective rate
5.31%
On assessed value
Total market value
$513,260
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,418 SF
Lot
0.15 ac (6,534 SF)
Zoning code
BI
APN
64-14-31-152-001
UPID
US43-0245870
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Pontiac, MI
Zoning BI · permitted uses
BI · Pontiac, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pontiac. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Fadel Property LLC
Entity
Mailing address
203 S TELEGRAPH RD, PONTIAC, MI 48341-1935
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2020
$600,000
Fadel Property LLC
Barrick Properties 40 LLC
Warranty Deed
$111,000 · Barrick Properties #40 LLC
Mar 13, 2020
—
Fadel Property LLC
—
Deed
related
$111,000 · Barrick Properties #40 LLC
Mar 5, 2020
$590,000
F-fpd INC
Clkproperties Voorheis LLC
Grant Deed
—
Mar 5, 2020
$600,000
Barrick Properties 40 LLC
F-fpd INC
Warranty Deed
—
Apr 26, 2012
—
F-fpd INC
Clk Properties Voorheis LLC
Grant Deed
related
—
May 23, 2011
$320,000
Clk Properties Voorheis LLC
Mediterranean Gas & Mart LLC
Grant Deed
—
May 23, 2011
—
Clk Properties Voorheis LLC
Mediterranean Gas & Mart LLC
Quit Claim Deed
related
—
Jun 1, 2006
—
Mediterranean Gas & Mart LLC
Mideast Oil Corp
Quit Claim Deed
related
—
May 31, 2006
—
Mediterranean Gas & Mart LLC
Tlais,abbas & Abir
Quit Claim Deed
related
$1,000,000 · Paramount Bank
Jul 20, 1998
—
Abbas Tlais
Rahal,ibrahim & Charaf
Trustees Deed
related
—
—
—
Mediterranean Gas & Mart LLC
—
Deed Of Trust
related
$50,000 · Oakland County Fuels INC
—
—
Abbas H Tlais
—
Deed Of Trust
related
$20,000 · Knight Enterprises INC
—
—
Abbas H Tlais
—
Deed Of Trust
related
$712,250 · N B D Bank NA
—
—
Fadel Property LLC
—
Deed Of Trust
related
$111,000 · Barrick Properties #40 LLC
—
—
Mediterranean Gas & Mart LLC
—
Deed Of Trust
related
$50,000 · Barrick Enterprieses INC
—
—
Mideast Oil Corp
—
Deed Of Trust
related
$50,000 · Barrick Enterprises INC
—
—
Abbas H Tkais
—
Deed Of Trust
related
$712,250 · N B D Bank NA
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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