New search
Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Motels
24300 Sinacola Ct, Farmington Hills, MI 48335-1621
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1488989
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1978
Total area
32,872 SF
Lot
2.57 ac (111,949 SF)
Zoning code
BI
APN
22-23-19-452-034
UPID
US43-1488989
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
$605k
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$918k
Blend (final)
Blend
$945k
Owner & transaction history
Closing Group I INC · 10 yrs held
Closing Group I INC
since 2015
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
Method
Estimation
Statistic approach
by Request
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$1,425,000
6.5%
$1,315,000
7%
$1,220,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$730,000
Current use
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10%
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
$29 / 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
Tax billed
$55,723
Tax year 2023
Assessed value
$1,419,870
Assessed 2024
Previous assessed
$1,225,880
+15.8% YoY
Effective rate
3.92%
On assessed value
Assessed land
$383,110
Assessed improvement
$1,036,760
Land market value
$766,220
Improvement market value
$2,073,520
Total market value
$2,839,740
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Stories
2
Total area
32,872 SF
Lot
2.57 ac (111,949 SF)
Zoning code
BI
APN
22-23-19-452-034
UPID
US43-1488989
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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$730,000
HOTEL/MOTEL Current
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
1978
Heating
FORCED AIR
Stories
2
Lot
2.57 ac
Current owner
From public records · entity-resolved
Closing Group I INC
Entity
Mailing address
2672 W LONG LK RD, WEST BLOOMFIELD, MI 48323-1830
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
—
Closing Group I INC
—
Deed
related
$2,000,000 · United States Small Business Admin
Aug 13, 2018
—
Closing Group I INC
—
Deed
related
$3,752,000 · Bank Of Ann Arbor
Jul 15, 2015
—
Closing Group I INC
Hilltop Hospitality INC
Warranty Deed
$1,700,000 · Bank Of Ann Arbor
Apr 17, 2012
—
Hilltop Hospitality INC
Rri Nc I LLC
Grant Deed
—
Mar 24, 2011
—
Rri Nc I LLC
R Roof IV LLC
Deed In Lieu Of Foreclosure
related
$100,000,000 · Deutsche Bank Trust Co Americas
Oct 11, 2007
—
R Roof IV LLC
Redtop Property LLC
Other
—
Jan 27, 2000
—
Redtop Property LLC
Red Roof Inns INC
Grant Deed
$164,131,079 · Berkshire Hathaway Credit Corp
—
—
Closing Group I INC
—
Deed Of Trust
related
$1,046,000 · Miscellaneous Govt Agcy
—
—
Closing Group I LLC
—
Loan Modification
related
$250,000 · Bank Of Ann Arbor
—
—
Closing Group I INC
—
Deed Of Trust
related
$3,752,000 · Bank Of Ann Arbor
—
—
Rri Nc I LLC
—
Deed Of Trust
related
$120,670,000 · Deutsche Bank Trust Co America
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 24300 Sinacola Ct?
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.
