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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Grocery and convenience stores
2451 Orch Lk Rd Sylvan Lake, MI 48320-1653
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0253453
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2007
Total area
3,623 SF
Lot
0.96 ac (41,818 SF)
Zoning code
BI
APN
84-18-01-330-024
UPID
US43-0253453
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
-
Exxon Gas Station
-
ATM Atm
-
Honeycoin Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$952k
Blend (final)
Blend
$1.08M
Owner & transaction history
J S Petroleum INC · 5 yrs held
J S Petroleum INC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
BI · Sylvan Lake, 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 Sylvan Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylvan Lake 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
$1,260,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $1.20M (Apr 7 2021)
Last sale anchor
$1.20M
Apr 7 2021
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
$298 / 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
$32,454
Tax year 2023
Assessed value
$686,320
Assessed 2024
Previous assessed
$655,860
+4.6% YoY
Effective rate
4.73%
On assessed value
Total market value
$1,372,640
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
2007
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,623 SF
Lot
0.96 ac (41,818 SF)
Zoning code
BI
APN
84-18-01-330-024
UPID
US43-0253453
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Sylvan Lake, MI
Zoning BI · permitted uses
BI · Sylvan Lake, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sylvan Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
J S Petroleum INC
Entity
Free & Clear · 5 yrs held
Mailing address
2163 N HAMMOND LK RD, WEST BLOOMFIELD, MI 48324-1812
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 7, 2021
$1,200,000
J S Petroleum INC
Sylvan Lake Cilgo LLC
Warranty Deed
—
May 2, 2013
—
Ace Properties Management LLC
Sylvan Lake Citgo LLC
Grant Deed
related
—
Sep 20, 2005
—
Sylvan Lake Citgo LLC
Sylvan Properties LLC
Quit Claim Deed
—
May 18, 2004
—
Sylvan Properties
Barrick Enterprises INC
Quit Claim Deed
related
—
May 16, 2001
$250,000
Pipeline Properties
Hoyt Trust
Grant Deed
—
—
—
Sylvan Lake Citgo LLC
—
Deed Of Trust
related
—
—
—
Sylvan Lake Citgo LLC
—
Deed Of Trust
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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