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Property profile & analytics
OFF-MARKET
Assisted living facilities
23233 Chrysler Dr, Hazel Park, MI 48030-1373
Entity Owned
1-yr Hold
Free & Clear
Property ID
US43-1490330
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1960
Total area
1,060 SF
Lot
0.13 ac (5,663 SF)
Zoning code
BI
APN
28-25-26-477-014
UPID
US43-1490330
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
-
Enrich Counseling & Solution Services Crisis Center Medical Clinic
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
Rlm5 Ventures LLC · 1 yrs held
Rlm5 Ventures LLC
since 2025
7 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
$6,867
Tax year 2023
Assessed value
$81,830
Assessed 2024
Previous assessed
$73,850
+10.8% YoY
Effective rate
8.39%
On assessed value
Total market value
$163,660
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1960
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,060 SF
Lot
0.13 ac (5,663 SF)
Zoning code
BI
APN
28-25-26-477-014
UPID
US43-1490330
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
1960
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Rlm5 Ventures LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6500 E WARREN AVE, DETROIT, MI 48207-1361
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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 3, 2025
—
Rlm5 Ventures LLC
Ronald Jones SR.
Quitclaim Deed
related
—
Jul 5, 2018
—
Jones Ronald SR.
Chabad Of Mid Miami Beach INC
Quit Claim Deed
related
—
May 8, 2018
—
Chabad Of Mid Miami Beach INC
Apel David Trust
Quit Claim Deed
related
—
Jul 31, 2017
$75,000
Ronald Jones SR
Meisner,andrew E
Grant Deed
—
Jun 3, 2013
—
Thomas Dancy
Apel David Trust
Grant Deed
—
Jun 30, 2009
—
Apel David Trust
Apel,aviva
Quit Claim Deed
related
—
Jul 13, 2004
—
David Apel
C Us First
Quit Claim 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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