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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Grocery and convenience stores
24524 John R Rd, Hazel Park, MI 48030-1142
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-5170538
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1984
Total area
2,475 SF
Lot
0.87 ac (37,897 SF)
Zoning code
BI
APN
28-25-25-105-001
UPID
US43-5170538
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
-
bp Gas Station
-
ATM Atm
-
Hoss Fuel Inc Fuel Supplier
-
Cash2Bitcoin Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$650k
Blend (final)
Blend
$725k
Owner & transaction history
Hoss Investments LLC · 4 yrs held
Hoss Investments LLC
since 2021
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
BI · Hazel Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$435,000
+4.4%
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
Method
Estimation
Statistic approach
$840,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$435,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $800k (Sep 9 2021)
Last sale anchor
$800k
Sep 9 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
$293 / 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
$24,836
Tax year 2023
Assessed value
$271,650
Assessed 2024
Previous assessed
$269,610
+0.8% YoY
Effective rate
9.14%
On assessed value
Total market value
$543,300
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
1984
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,475 SF
Lot
0.87 ac (37,897 SF)
Zoning code
BI
APN
28-25-25-105-001
UPID
US43-5170538
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$435,000
COMMERCIAL (GENERAL)
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
1984
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Hoss Investments LLC
Entity
Mailing address
24524 JOHN R RD, HAZEL PARK, MI 48030-1142
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
$800,000
Hoss Investments LLC
Altera Enterprises LLC
Warranty Deed
$284,966 · Altera Enterprise LLC
Oct 17, 2008
—
Altera Ent LLC
M & S Ent INC
Quit Claim Deed
related
—
Jul 2, 2004
—
Comerica Bank
M S Enterprise INC
Grant Deed
related
—
Apr 27, 2004
—
M & S Enterprise INC
Khalife,amal W
Quit Claim Deed
related
—
Feb 19, 2004
—
M & S Enterprise INC
Ezzeddine,mohammad
Quit Claim Deed
related
—
—
—
Mohamad Y Ezzeddine
—
Deed Of Trust
related
$100,000 · Michigan National Bank
—
—
M & S Ents INC
—
Deed Of Trust
related
$61,000 · Comerica Bank
—
—
M & S Enterprise INC
—
Deed Of Trust
related
$100,000 · Corrigan Oil Co #ii
—
—
Mohammad Y Ezzedine
—
Deed Of Trust
related
$89,886 · Standard Federal Bank
—
—
Donut Port INC
—
Deed Of Trust
related
$81,600 · Knight Enterprises INC
—
—
M & S Enterprise INC
—
Deed Of Trust
related
$545,000 · Comerica Bank
—
—
M & S Ent INC
—
Deed Of Trust
related
$61,000 · Comerica Bank
—
—
Mohamad Ezzeddine
—
Deed Of Trust
related
$81,600 · Knight Enterprises INC
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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