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Property profile & analytics
OFF-MARKET
Estimated value
$4,195,000
Motels
21500 Ww Rd Woodhaven, MI 48183-3208
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US43-1946810
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2000
Total area
43,027 SF
Lot
2.67 ac (116,305 SF)
APN
59 041 99 0006 706
UPID
US43-1946810
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
$4.20M
Blend (final)
Blend
$4.20M
Owner & transaction history
Woodhaven Express Lodging LLC · 15 yrs held
Woodhaven Express Lodging LLC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.2M
+95.8%
Medical building
$4.1M
+51.5%
Office building
$3.8M
+41.2%
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 Woodhaven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodhaven 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
$2,675,000
Current use
COMMERCIAL (GENERAL)
$5,235,000
Change: +96% · Conversion: Difficult
MEDICAL BUILDING
$4,050,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$3,775,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$3,535,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,425,000
Change: +28% · Conversion: Difficult
RESTAURANT
$3,320,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$4.20M
Range $3.78M – $4.61M · ±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
$97 / 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
$115,930
Tax year 2023
Assessed value
$1,692,500
Assessed 2024
Previous assessed
$1,604,400
+5.5% YoY
Effective rate
6.85%
On assessed value
Total market value
$3,385,000
Applied tax rate
82,365.0000
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
2000
Heating
FORCED AIR
Stories
3
Total area
43,027 SF
Lot
2.67 ac (116,305 SF)
APN
59 041 99 0006 706
UPID
US43-1946810
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
HOTEL/MOTEL Current
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.8M
RETAIL STORES
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
RESTAURANT
Est. value
$3.3M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
2000
Heating
FORCED AIR
Stories
3
Lot
2.67 ac
Current owner
From public records · entity-resolved
Woodhaven Express Lodging LLC
Entity
Mailing address
21500 WW RD, WOODHAVEN, MI 48183-3208
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2011
—
Woodhaven Express Lodging LLC
Gccfc 2005-gg5 West Road Lodgi
Grant Deed
related
—
Dec 21, 2009
$4,000,000
Gccfc 2005-gg5 West Road Lodgi
Deputy Sheriff Of Wayne County
Trustees Deed
related
—
—
—
Woodhaven Express Lodging LLC
—
Deed Of Trust
related
$2,065,000 · Huntington National Bank
—
—
Woodhaven Express Lodging LLC
—
Deed Of Trust
related
$6,500,000 · Genisys Cu
—
—
Woodhaven Express Lodging LLC
—
Deed Of Trust
related
$3,595,000 · Pmc Investment Corp
—
—
Woodhaven Express Lodging LLC
—
Deed Of Trust
related
$5,300,000 · Genisys Cu
—
—
Woodhaven Lodging LLC
—
Deed Of Trust
related
$1,900,000 · Sam Haddad
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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