New search
Property profile & analytics
OFF-MARKET
Office buildings
21916 John R Rd, Hazel Park, MI 48030-2021
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1448305
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1941
Total area
653 SF
Lot
0.08 ac (3,485 SF)
Zoning code
BI
APN
28-25-36-153-047
UPID
US43-1448305
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
-
Affordable Testing Services -Hazel Park Drug Testing Service
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
Samuel J Gaymon II · 8 yrs held
Samuel J Gaymon II
since 2017
6 recorded transactions
Zoning & alternative use
BI · Hazel 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 Hazel Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hazel 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,682
Tax year 2023
Assessed value
$24,440
Assessed 2024
Previous assessed
$22,380
+9.2% YoY
Effective rate
6.88%
On assessed value
Total market value
$48,880
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1941
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
653 SF
Lot
0.08 ac (3,485 SF)
Zoning code
BI
APN
28-25-36-153-047
UPID
US43-1448305
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Hazel Park, MI
Zoning BI · permitted uses
BI · Hazel Park, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hazel Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1941
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Samuel J Gaymon II
Individual
Mailing address
11715 ROSEMARY ST, DETROIT, MI 48213-1356
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Dec 6, 2017
$29,900
Samuel J Gaymon II
William Louis Russow
Warranty Deed
$11,500 · The Huntington National Bank
Oct 2, 2014
—
Samuel J Gaymon II
Russow,william L
Grant Deed
—
Sep 15, 2014
—
William L Russow
Russow,robin R
Quit Claim Deed
related
—
Nov 28, 2011
—
Robin R Russow
Russow W L Living Trust
Quit Claim Deed
related
—
Nov 5, 2004
—
Russow William L Trust
Russow,william L & Jeanette M
Quit Claim Deed
related
—
Oct 9, 2002
$33,900
William L Russow
Maloney,charles E & Mildred B
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 21916 John R Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
