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Property profile & analytics
OFF-MARKET
Commercial land
20523 Exeter St, Highland Park, MI 48203-1030
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-4677796
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1947
Total area
812 SF
Lot
0.08 ac (3,485 SF)
Zoning code
R2
APN
09024889.
UPID
US43-4677796
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
Sj And Cm Properties LLC · 2 yrs held
Sj And Cm Properties LLC
since 2023
Last sale
$25,000
6 recorded transactions
Zoning & alternative use
R2 · Highland Park, 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 Highland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland Park 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 2020Property tax & assessments
Tax year 2020
Tax billed
$284
Tax year 2020
Assessed value
$8,400
Assessed 2024
Previous assessed
$7,900
+6.3% YoY
Effective rate
3.38%
On assessed value
Total market value
$16,800
Applied tax rate
82,010.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1947
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
812 SF
Lot
0.08 ac (3,485 SF)
Zoning code
R2
APN
09024889.
UPID
US43-4677796
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
R2 · Highland Park, MI
Zoning R2 · permitted uses
R2 · Highland Park, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Highland Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Sj And Cm Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
580 N OLD WOODWARD AVE, BIRMINGHAM, MI 48009-5341
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Oct 10, 2023
$25,000
Sj And Cm Properties LLC
Exeter Holdings LLC
Warranty Deed
—
Aug 20, 2021
$277,594
Exeter Holdings LLC
Cats Investments LLC
Quit Claim Deed
related
—
Oct 19, 2011
$5,500
Mcod LLC
Oyegoke,omolara S
Warranty Deed
—
Mar 18, 2011
—
Omolara S Oyegoke
Pate,eunice
Quit Claim Deed
related
—
Jan 25, 2010
$250
Eunice Pate
Washington Mutual Bk
Grant Deed
—
Jan 16, 2009
$32,895
Washington Mutual Bank
Deputy Sheriff Of Wayne County
Trustees 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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