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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Commercial land
2508 Adams Rd 2724, Oakland, MI 48363-1910
Entity Owned
~
Est. High Equity
Property ID
US43-2542942
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
3.74 ac (162,914 SF)
Zoning code
BV
APN
70-15-30-302-031
UPID
US43-2542942
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
-
Panera Bread Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Adams Road Real Estate LLC
Adams Road Real Estate LLC
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
BV · Oakland, 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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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
$1,755,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.53M (Oct 25 2023)
Last sale anchor
$1.53M
Oct 25 2023
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
—
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
$27,169
Tax year 2022
Assessed value
$529,570
Assessed 2022
Previous assessed
$529,570
+0.0% YoY
Effective rate
5.13%
On assessed value
Total market value
$1,059,140
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
3.74 ac (162,914 SF)
Zoning code
BV
APN
70-15-30-302-031
UPID
US43-2542942
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BV · Oakland, MI
Zoning BV · permitted uses
BV · Oakland, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oakland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
3.74 ac
Current owner
From public records · entity-resolved
Adams Road Real Estate LLC
Entity
Mailing address
3130 N KANDY LN STE A, DECATUR, IL 62526-4786
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2025
—
Adams Road Real Estate LLC
Legends Hc One LLC
Deed
$3,055,000 · Genisys Cu
Sep 26, 2025
—
Legends Hc One LLC
Erop LLC
Deed
—
Oct 25, 2023
$1,530,000
Erop LLC
Rose Grove LLC
Warranty Deed
$4,561,000 · Heartland Mortgage Co
Nov 3, 2017
—
Rose Grove LLC
Gauss Group LLC
Quit Claim Deed
related
—
Aug 18, 2017
—
Gauss Group LLC
Vrb Marketplace Of Rochester H
Quit Claim Deed
related
$15,000,000 · Cantor Group IV LLC
Jan 29, 2016
—
Vrb Marketplace Of Rochester Hill
Vrb Corp
Quit Claim Deed
—
Dec 30, 2015
—
Vrb Corp
Comerica Bk
Warranty Deed
—
Dec 22, 2015
$23,097,000
Comerica Bk
Sheriff Of Oakland County|marketplace Of Rochester
Trustees Deed
related
—
Oct 1, 2007
—
Marketplace Of Rochester Hills PC
Marketplace Of Rochester Hills Ll
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.
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