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Property profile & analytics
OFF-MARKET
Office buildings
2202 Hilton Rd Ferndale, MI 48220-1573
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1253778
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
2,546 SF
Lot
0.12 ac (5,227 SF)
Zoning code
BI
APN
24-25-26-313-029
UPID
US43-1253778
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
Sanders Hilton LLC · 11 yrs held
Sanders Hilton LLC
since 2014
7 recorded transactions
Zoning & alternative use
BI · Ferndale, 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 Ferndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferndale 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
$13,286
Tax year 2023
Assessed value
$263,300
Assessed 2024
Previous assessed
$245,990
+7.0% YoY
Effective rate
5.05%
On assessed value
Total market value
$526,600
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
2006
Heating
ZONE
Cooling
YES
Stories
1
Units
1
Total area
2,546 SF
Lot
0.12 ac (5,227 SF)
Zoning code
BI
APN
24-25-26-313-029
UPID
US43-1253778
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Ferndale, MI
Zoning BI · permitted uses
BI · Ferndale, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ferndale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
ZONE
Cooling
Yes
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Sanders Hilton LLC
Entity
Mailing address
2222 HILTON RD, FERNDALE, MI 48220-1573
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2014
$297,000
Sanders Hilton LLC
2202 Hilton LLC
Warranty Deed
$276,800 · Jpmorgan Chase Bank NA
Oct 31, 2011
$480,000
2202 Hilton LLC
Dc Real Estate LLC
Warranty Deed
—
May 5, 2006
$245,000
D C Real Estates Investments LLC
Dean B Skewes
Warranty Deed
$208,250 · National City Bank Of The Midwest
Nov 6, 2001
$150,000
Dean B Skewes
Phoenix LLC
Grant Deed
—
Oct 27, 2000
$70,000
Phoenix 1 LLC
Warrilow,harold D & Patricia P
Grant Deed
—
—
—
Phoenix 1 LLC
—
Deed Of Trust
related
$85,000 · Chrissinger Holdings LLC
—
—
D C Real Estate Invs LLC
—
Deed Of Trust
related
$208,250 · National City Bank Midwest
—
—
Dean B Skewes
—
Deed Of Trust
related
$112,500 · Northpointe Bank
—
—
Dean B Skewes
—
Deed Of Trust
related
$210,000 · Interbay Funding LLC
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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