Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
24811 Van Dyke Ave Center Line, MI 48015-1325
Entity Owned
7-yr Hold
Free & Clear
Property ID
US43-0113323
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1948
Construction
CONCRETE BLOCKS
Total area
1,600 SF
Lot
0.09 ac (4,008 SF)
Zoning code
RETAIL < 5K S
APN
01-13-28-229-017
UPID
US43-0113323
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
-
Anytime Heating & Cooling HVAC Service General Contractor
-
BIGA Chimney Fix & Cleaning Services Inc. General Contractor Renovation Specialist
-
AAM Wholesale Carpet & Furniture Carpet & Flooring Store Hardware & Home Improvement
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
Ab Property Investments LLC · 7 yrs held
Ab Property Investments LLC
since 2019
6 recorded transactions
Zoning & alternative use
RETAIL < 5K S · Center Line, 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 Center Line submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Center Line 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 2022Property tax & assessments
Tax year 2022
Tax billed
$4,270
Tax year 2022
Assessed value
$64,900
Assessed 2023
Previous assessed
$59,200
+9.6% YoY
Effective rate
6.58%
On assessed value
Total market value
$129,800
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1948
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
1,600 SF
Lot
0.09 ac (4,008 SF)
Zoning code
RETAIL < 5K S
APN
01-13-28-229-017
UPID
US43-0113323
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
RETAIL < 5K S · Center Line, MIZoning RETAIL < 5K S · permitted uses
RETAIL < 5K S · Center Line, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Ab Property Investments LLC
Entity
Free & Clear · 7 yrs held
Mailing address
24811 VAN DYKE AVE, CENTER LINE, MI 48015-1325
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2019
—
Ab Property Investments LLC
Ahmed,khaja
Warranty Deed
—
Nov 14, 2018
$90,000
Ab Property Investments LLC
Ahmed,khaja J
Warranty Deed
—
Apr 20, 2012
—
Khaja J Ahmed
Ahmed,khaja S & Zubaida A
Quit Claim Deed
related
—
Sep 28, 2010
—
Khaja S Ahmed
Ahmed,khaja S
Quit Claim Deed
related
—
Aug 24, 2010
$45,000
Khaja S Ahmed
Espinosa,gloria E
Warranty Deed
—
Jan 13, 2009
—
Gloria E Espinosa
Tomlinson,charles L
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 24811 Van Dyke Ave?
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.
