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Property profile & analytics
OFF-MARKET
Retail space
22115 Coolidge Hwy, Oak Park, MI 48237-2800
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-5240696
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Total area
1,440 SF
Lot
0.04 ac (1,742 SF)
Zoning code
B-1
APN
52-25-31-228-030
UPID
US43-5240696
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
Coolidge Pk Realty Invs LLC · 8 yrs held
Coolidge Pk Realty Invs LLC
since 2017
7 recorded transactions
Zoning & alternative use
B-1 · Oak 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 Oak Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak 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
$2,120
Tax year 2023
Assessed value
$34,000
Assessed 2023
Previous assessed
$34,000
+0.0% YoY
Effective rate
6.24%
On assessed value
Assessed land
$5,200
Assessed improvement
$28,800
Land market value
$10,400
Improvement market value
$57,600
Total market value
$68,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1961
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
1,440 SF
Lot
0.04 ac (1,742 SF)
Zoning code
B-1
APN
52-25-31-228-030
UPID
US43-5240696
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Oak Park, MI
Zoning B-1 · permitted uses
B-1 · Oak Park, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oak Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Coolidge Pk Realty Invs LLC
Entity
Free & Clear · 8 yrs held
Mailing address
23636 MICHIGAN AVE #539, DEARBORN, MI 48124-1910
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2017
$100,000
Coolidge Pk Realty Invs LLC
Concordia INC
Warranty Deed
—
Jul 21, 2014
$220,000
Concordia INC
Detroit Wholesale Properties L
Warranty Deed
—
Jul 8, 2014
$117,000
Wholesale Properties L Detroit
Southfield International Busin
Quit Claim Deed
related
—
Jun 11, 2014
$117,500
Southfield International Busin
Level One Bk
Grant Deed
—
Mar 25, 2013
$42,394
Level One Bk
Sheriff Of Oakland County
Trustees Deed
related
—
Nov 13, 2006
$85,000
Joseph Shallal
Woo,kyung H
Warranty Deed
$62,500 · Paramount Bank
May 16, 2006
—
Kyung H Choi
Choi,jung K
Quit Claim Deed
related
—
Jan 9, 2001
$170,000
Jung K Choi
Comerica Bank
Grant Deed
—
Jun 23, 1998
$62,954
Comerica Bank
Warah,sami K & Natalie
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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