Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Strip malls
23700 Eureka Rd Taylor, MI 48180-5227
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1686098
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Total area
5,445 SF
Lot
0.41 ac (17,860 SF)
Zoning code
B-1
APN
60 070 01 0158 303
UPID
US43-1686098
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
-
United Wireless of Taylor Mobile Phone Store Electronics & Wireless Store
-
DigitalMint Bitcoin ATM Teller Window Bank Credit Union
-
Amazon Hub Locker - Babu Postal Service Courier Service
-
I Fix Taylor LLC - Taylor, MI Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$502k
Blend (final)
Blend
$550k
Owner & transaction history
23700 Eureka LLC · 3 yrs held
23700 Eureka LLC
since 2022
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
B-1 · Taylor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$645,000
+48.3%
Commercial (general)
$600,000
+38.0%
Restaurant
$565,000
+30.1%
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 Taylor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taylor 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
Method
Estimation
Statistic approach
$555,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$435,000
Current use
RETAIL STORES
$645,000
Change: +48% · Conversion: Easy
COMMERCIAL (GENERAL)
$600,000
Change: +38% · Conversion: Easy
RESTAURANT
$565,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$530,000
Change: +22% · Conversion: Moderate
MEDICAL BUILDING
$515,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$390,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $600k (Aug 11 2022)
Last sale anchor
$600k
Aug 11 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$101 / SF
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
Assessed value
$216,200
Assessed 2024
Previous assessed
$198,100
+9.1% YoY
Total market value
$432,400
Applied tax rate
82,150.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
5,445 SF
Lot
0.41 ac (17,860 SF)
Zoning code
B-1
APN
60 070 01 0158 303
UPID
US43-1686098
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Taylor, MI
Zoning B-1 · permitted uses
B-1 · Taylor, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taylor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$435,000
RETAIL STORES
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$600,000
RESTAURANT
Est. value
$565,000
OFFICE BUILDING
Est. value
$530,000
MEDICAL BUILDING
Est. value
$515,000
AUTO REPAIR, GARAGE
Est. value
$390,000
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
23700 Eureka LLC
Entity
Mailing address
6905 KIRKBRIDGE HL, WEST BLOOMFIELD, MI 48322-3086
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2022
$600,000
23700 Eureka LLC
Pmm Taylor Property LLC
Warranty Deed
$450,000 · Mi Bank
Aug 6, 2019
—
Pmm Taylor Property LLC
—
Grant Deed
related
$2,471,574 · Michigan First Cu
Jul 9, 2018
$1,600,000
Pmm Taylor Property LLC
Song USA LLC
Trustees Deed
$1,200,000 · Michigan First Cu
Dec 2, 2011
—
Song USA LLC
Song,danny & Ashley
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.
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 23700 Eureka 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.
