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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Government properties
25141 Hoover Rd, Warren, MI 48089-1145
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-0289458
Property summary
AI-generated overview
This exceptional Class A retail space, located at 25141 Hoover Rd in Warren, Michigan (48089), offers 817 square feet of newly renovated space within a larger 3,123 square foot building. The property, built in 1985 and extensively renovated in 2024, features a single-story building with ample parking (30 spaces). The suite is part of a multi-tenant building with a total of two suites. The minimum divisible space is 817 square feet, making it ideal for a variety of retail businesses. The property is conveniently located on the west side of Hoover Road, north of 10 Mile Road, in Macomb County, and is zoned for commercial use. The property's APN is 12-13-22-477-008. This is a fantastic opportunity to establish or expand your business in a thriving commercial area with excellent visibility and accessibility. The space is currently vacant and ready for immediate occupancy.
Property profile
Verified
Property type
Government properties
Use group
CENTRALLY ASSESSED
Year built
1970
Total area
3,173 SF
Lot
0.69 ac (30,013 SF)
Zoning code
C-1
APN
12-13-22-477-008
UPID
US43-0289458
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
-
Ramzi Kassem Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Protege Properties LLC · 2 yrs held
Protege Properties LLC
since 2023
Last sale
$550,000
2 recorded transactions
Zoning & alternative use
C-1 · Warren, 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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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
$570,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $550k (Dec 5 2023)
Last sale anchor
$550k
Dec 5 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
$175 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,210
Tax year 2022
Assessed value
$145,490
Assessed 2023
Previous assessed
$145,490
+0.0% YoY
Effective rate
7.02%
On assessed value
Total market value
$290,980
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
Government properties
Use group
CENTRALLY ASSESSED
Status
Off-Market
Year built
1970
Heating
PACKAGE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
3,173 SF
Lot
0.69 ac (30,013 SF)
Zoning code
C-1
APN
12-13-22-477-008
UPID
US43-0289458
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C-1 · Warren, MI
Zoning C-1 · permitted uses
C-1 · Warren, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warren. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
PACKAGE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Protege Properties LLC
Entity
Mailing address
51462 SCHOENHERR RD, SHELBY TOWNSHIP, MI 48315-2726
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2023
$550,000
Protege Properties LLC
H & S Investment LLC
Warranty Deed
$769,600 · Oxford Bank
Jul 29, 2020
—
H & S Investment LLC
Financial Cu Christian
Warranty Deed
—
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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