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Property profile & analytics
OFF-MARKET
Specialty properties
2640 Monroe St Dearborn, MI 48124-3016
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-0352214
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1960
Total area
8,576 SF
Lot
0.7 ac (30,492 SF)
Zoning code
BB
APN
82 09 271 12 026
UPID
US43-0352214
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
-
Hackett-Metcalf Funeral Home Social Service Agency
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
Enf Investments LLC · 1 yrs held
Enf Investments LLC
since 2025
7 recorded transactions
Zoning & alternative use
BB · Dearborn, 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 Dearborn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dearborn 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,805
Tax year 2023
Assessed value
$382,500
Assessed 2024
Previous assessed
$364,600
+4.9% YoY
Effective rate
3.87%
On assessed value
Total market value
$765,000
Applied tax rate
82,030.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
8,576 SF
Lot
0.7 ac (30,492 SF)
Zoning code
BB
APN
82 09 271 12 026
UPID
US43-0352214
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
BB · Dearborn, MI
Zoning BB · permitted uses
BB · Dearborn, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dearborn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Enf Investments LLC
Entity
Mailing address
2640 MONROE ST, DEARBORN, MI 48124-3016
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2025
—
Enf Investments LLC
Tcmc Consulting LLC
Warranty Deed
$844,000 · Wildfire Cu
Dec 9, 2024
—
Tcmc Consulting LLC
Tpm Properties I LLC
Warranty Deed
—
Feb 8, 2021
—
Tpm Properties 1 LLC
—
Deed
related
$475,000 · Dearborn Fsb
Sep 30, 2019
—
Tpm Properties 1 LLC
—
Deed
related
$100,000 · Dearborn Fsb
Nov 22, 2017
$650,000
Tpm Properties 1 LLC
Hackett Francis L
Warranty Deed
$450,000 · Dearborn Fsb
Feb 13, 2009
$650,000
Tpm Properties 1 LLC
Hackett Francis L
Grant Deed
—
—
—
Tpm Properties 1 LLC
—
Deed Of Trust
related
$100,000 · Dearborn Fsb
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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