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Property profile & analytics
OFF-MARKET
Estimated value
$150,000
Individual retail properties
2630 Orch Lk Rd Sylvan Lake, MI 48320-1537
Entity Owned
5-yr Hold
Free & Clear
Property ID
US43-0073400
Property profile
Verified
Property type
Individual retail properties
Use group
DRY CLEANER
Year built
1960
Total area
2,962 SF
Lot
0.19 ac (8,276 SF)
Zoning code
BI
APN
84-18-01-328-003
UPID
US43-0073400
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
-
Washing-Well Laundromat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$150k
Owner & transaction history
H K Wholesale LLC · 5 yrs held
H K Wholesale LLC
since 2020
Last sale
$120,000
5 recorded transactions
Zoning & alternative use
BI · Sylvan Lake, MI
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
$150,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$150k
Range $135k – $165k · ±10% · vs last sale $120k (Dec 1 2020)
Last sale anchor
$120k
Dec 1 2020
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
$51 / 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
$5,461
Tax year 2023
Assessed value
$105,520
Assessed 2024
Previous assessed
$99,970
+5.6% YoY
Effective rate
5.18%
On assessed value
Total market value
$211,040
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
Individual retail properties
Use group
DRY CLEANER
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Stories
1
Units
1
Total area
2,962 SF
Lot
0.19 ac (8,276 SF)
Zoning code
BI
APN
84-18-01-328-003
UPID
US43-0073400
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Sylvan Lake, MIZoning 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
Source
code of ordinances
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
H K Wholesale LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2630 ORCH LK RD, SYLVAN LAKE, MI 48320-1537
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
$120,000
H K Wholesale LLC
Hyun D Kim
Warranty Deed
—
Sep 9, 2015
—
Hyun D Kim
H K Wholesale LLC
Grant Deed
—
Sep 3, 2015
$230,000
Hyun D Kim
Kim,marcus K H & Hae C
Warranty Deed
related
—
Nov 7, 2003
—
Hyun D Kim
Kim,marcus K & Hae C
Quit Claim Deed
related
—
Nov 7, 2003
$190,000
Marcus K Kim
Kim,chin N & Kang H
Grant 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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