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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Grocery and convenience stores
21122 Haggerty Rd Northville, MI 48167-9077
Entity Owned
11-yr Hold
Free & Clear
Property ID
US43-3038614
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2008
Total area
5,428 SF
Lot
1.36 ac (59,242 SF)
APN
22-23-31-301-019
UPID
US43-3038614
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
-
Freshlicious Burgers, Burritos, Bowls(Coming Soon) Restaurant
-
ATM (Haggerty Gas Station) Atm
-
bp Car Wash
-
CoinFlip Buy Sell Bitcoin ATM Atm Commercial Agent
-
Dhaba Indian Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.17M
Owner & transaction history
Haggerty South Dev LLC · 11 yrs held
Haggerty South Dev LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$955,000
+4.4%
Restaurant
$940,000
+2.6%
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 Northville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northville 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%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
RETAIL STORES
$915,000
Current use
COMMERCIAL (GENERAL)
$955,000
Change: +4% · Conversion: Easy
RESTAURANT
$940,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$855,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±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
$216 / 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
$37,350
Tax year 2023
Assessed value
$1,071,070
Assessed 2024
Previous assessed
$960,430
+11.5% YoY
Effective rate
3.49%
On assessed value
Assessed land
$189,570
Assessed improvement
$881,500
Land market value
$379,140
Improvement market value
$1,763,000
Total market value
$2,142,140
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
2008
Heating
FORCED AIR
Stories
1
Total area
5,428 SF
Lot
1.36 ac (59,242 SF)
APN
22-23-31-301-019
UPID
US43-3038614
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, 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
RETAIL STORES Current
Est. value
$915,000
COMMERCIAL (GENERAL)
Est. value
$955,000
RESTAURANT
Est. value
$940,000
MEDICAL BUILDING
Est. value
$855,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
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
2008
Heating
FORCED AIR
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Haggerty South Dev LLC
Entity
Free & Clear · 11 yrs held
Mailing address
21122 HAGGERTY RD, NORTHVILLE, MI 48167-9077
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2025
—
Haggerty South Developement LLC
—
Deed
related
$2,550,000 · First Merchants Bank
Jul 5, 2023
—
Haggerty South Development LLC
—
Deed
related
$600,000 · Independence Bank
Jan 16, 2020
—
Haggerty South Dev LLC
—
Deed
related
—
Dec 17, 2019
—
Haggerty South Development INC
—
Deed
related
$898,175 · Independence Bank
Apr 26, 2019
—
Haggerty South Dev LLC
—
Deed
related
—
Mar 14, 2019
—
Haggerty South Development LLC
—
Deed
related
—
Jan 27, 2015
—
Haggerty South Dev LLC
Haggerty North Dev LLC
Quit Claim Deed
—
—
—
Haggerty South Dev LLC
—
Deed Of Trust
related
—
—
—
Haggerty South Development LLC
—
Deed Of Trust
related
—
—
—
Haggerty South Dev LLC
—
Deed Of Trust
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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