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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Government properties
27375 23rd Mile Rd, Chesterfield, MI 48051-2045
Entity Owned
Free & Clear
Property ID
US43-1617123
Property profile
Verified
Property type
Government properties
Use group
CENTRALLY ASSESSED
Year built
2003
Total area
3,515 SF
Lot
1.87 ac (81,588 SF)
Zoning code
C2 SHO
APN
15-09-17-351-008
UPID
US43-1617123
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
-
Citizens Bank Loan Service
-
Citizens Bank Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$750k
Owner & transaction history
Triple Crown Of Chesterfield LLC
Triple Crown Of Chesterfield LLC
since 2026
5 recorded transactions
Zoning & alternative use
C2 SHO · Chesterfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$655,000
+11.5%
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 Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesterfield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CENTRALLY ASSESSED
$585,000
Current use
RETAIL STORES
$655,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10%
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
$213 / 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
$32,248
Tax year 2022
Assessed value
$655,300
Assessed 2023
Previous assessed
$627,500
+4.4% YoY
Effective rate
4.92%
On assessed value
Total market value
$1,310,600
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
2003
Heating
PACKAGE
Stories
1
Total area
3,515 SF
Lot
1.87 ac (81,588 SF)
Zoning code
C2 SHO
APN
15-09-17-351-008
UPID
US43-1617123
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C2 SHO · Chesterfield, MI
Zoning C2 SHO · permitted uses
C2 SHO · Chesterfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesterfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CENTRALLY ASSESSED Current
Est. value
$585,000
RETAIL STORES
Est. value
$655,000
CENTRALLY ASSESSED Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
PACKAGE
Stories
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
Triple Crown Of Chesterfield LLC
Entity
Free & Clear · 0 yrs held
Mailing address
24 N ROCHESTER RD, CLAWSON, MI 48017-1742
Ownership since
2026
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
May 12, 2026
—
Triple Crown Of Chesterfield LLC
Triple Crown Of Chesterfield LLC
Warranty Deed
related
—
Dec 1, 2020
—
Triple Crown Of Chesterfield LLC
Lb Ubs 2007 C6 Mi 1 Properties LLC
Deed
—
Feb 4, 2019
$4,774,737
Lb-ubs 2007-c6 Mi 1 Prop LLC
Deputy Sheriff Of Macomb County|cre Jv Mixed Fifte
Trustees Deed
related
—
Sep 14, 2006
—
Jv Mixed Fifteen Mi 1 B Cre
Cre Jv Mixed Fifteen Branch Ho
Quit Claim Deed
—
Sep 14, 2006
$1,825,184
Cre Jv Mixed Fifteen Branch Ho
Charter One Bank NA
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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