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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
22150 Orch Lk Rd, Farmington Hills, MI 48336-4706
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1796858
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2005
Total area
1,000 SF
Lot
0.86 ac (37,505 SF)
Zoning code
BI
APN
22-23-35-105-001
UPID
US43-1796858
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
F & L Orchard Lake LLC · 7 yrs held
F & L Orchard Lake LLC
since 2018
7 recorded transactions
Zoning & alternative use
BI · Farmington Hills, 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 Farmington Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington Hills 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
$14,270
Tax year 2023
Assessed value
$285,220
Assessed 2024
Previous assessed
$260,690
+9.4% YoY
Effective rate
5.00%
On assessed value
Assessed land
$78,580
Assessed improvement
$206,640
Land market value
$157,160
Improvement market value
$413,280
Total market value
$570,440
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
2005
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
1,000 SF
Lot
0.86 ac (37,505 SF)
Zoning code
BI
APN
22-23-35-105-001
UPID
US43-1796858
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Farmington Hills, MI
Zoning BI · permitted uses
BI · Farmington Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmington Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
F & L Orchard Lake LLC
Entity
Mailing address
761 NISSEN CT, WIXOM, MI 48393-1751
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2023
—
F & L Orchard Lake LLC
—
Deed
related
$730,000 · Tri County Bank
Sep 6, 2022
—
F & L Orchard Lake LLC
—
Deed
related
$300,000 · Ashwaq Hermes
Dec 26, 2018
—
F & L Orchard Lake LLC
Orchard Lake Freedom INC
Quit Claim Deed
$227,500 · Community Choice Cu
Feb 7, 2017
—
Orchard Lake Freedom INC
—
Deed
related
$665,000 · Level One Bank
May 14, 2003
—
Orchard Lake-freedom INC
Shango,masoud & Ahlam
Quit Claim Deed
related
—
Jan 24, 2002
$75,000
Masoud Shango
Green Consulting LLC
Grant Deed
$60,000 · Fifth Third Bank
Jan 24, 2002
—
Green Consulting LLC
Greenbarnes LLC
Quit Claim Deed
related
—
Jan 8, 1999
$120,000
Greenbarnes LLC
Donovan,dorothy A
Trustees Deed
—
Jan 8, 1999
$50,000
Donovan,dorothy A
Vlk,james F & Wendy
Trustees Deed
—
—
—
Orchard Lake-freedom INC
—
Deed Of Trust
related
$150,000 · Corrigan Oil Co #ii
—
—
Green Consulting LLC
—
Deed Of Trust
related
$691,727 · Howard
—
—
Orchard Lake-freedom INC
—
Deed Of Trust
related
$750,000 · Community Bank Of Dearborn
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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