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Property profile & analytics
OFF-MARKET
Estimated value
$190,000
Office buildings
26708 Grand Riv Ave Redford, MI 48240-1511
Entity Owned
2-yr Hold
Free & Clear
Property ID
US43-5105778
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
CONCRETE BLOCKS
Total area
1,320 SF
Lot
0.09 ac (3,920 SF)
APN
79 004 01 1087 000
UPID
US43-5105778
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$190k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$190k
Owner & transaction history
Fawaz Redford Holdings LLC · 2 yrs held
Fawaz Redford Holdings LLC
since 2024
Last sale
$190,000
7 recorded transactions
Zoning & alternative use
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 Redford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redford 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
$190,000
ML approach
$190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$190k
Range $171k – $209k · ±10% · vs last sale $190k (May 21 2024)
Last sale anchor
$190k
May 21 2024
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
$144 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$2,654
Tax year 2019
Assessed value
$38,300
Assessed 2024
Previous assessed
$39,500
-3.0% YoY
Effective rate
6.93%
On assessed value
Total market value
$76,600
Applied tax rate
82,110.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1954
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Buildings
1
Stories
1
Rooms
2
Bathrooms
1
Total area
1,320 SF
Lot
0.09 ac (3,920 SF)
APN
79 004 01 1087 000
UPID
US43-5105778
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
1954
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Buildings
1
Rooms
2
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Fawaz Redford Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
26708 GRAND RIV AVE, REDFORD, MI 48240-1511
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2024
—
Fawaz Redford Holdings LLC
Imad Mohamed Ali Fawaz
Intrafamily Transfer
related
—
Feb 1, 2024
$190,000
Belal Hourany
William Mcevoy
Warranty Deed
—
Jan 22, 2024
$100,000
Mohamed Ali Fawaz
Belal Hourany
Land Contract
$175,000 · Not Available
Jan 19, 2024
$145,000
William Mcevoy
Tom Dedvukaj
Warranty Deed
—
Jan 19, 2024
—
William Mcevoy
Lorraine Mcevoy
Intrafamily Transfer
related
—
Jan 9, 2024
$40,000
Tom Dedvukaj
Delaware Real Estate LLC
Warranty Deed
—
Sep 26, 2017
$18,000
Delaware Real Estate LLC
Cadeaux Investment LLC
Warranty Deed
—
Aug 9, 2016
—
Cadeaux Investment LLC
Graves James R
Grant 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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