Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
27626 Harper Ave Saint Clair Shores, MI 48081-1926
Entity Owned
20-yr Hold
Free & Clear
Property ID
US43-4053180
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.07 ac (3,006 SF)
Zoning code
B-3
APN
09-14-22-201-019
UPID
US43-4053180
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
-
Butter Run Saloon Bar & Pub
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
Christina Realty LLC · 20 yrs held
Christina Realty LLC
since 2006
3 recorded transactions
Zoning & alternative use
B-3 · Saint Clair Shores, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Family Residential District (Low-Rise). RM-2 Multiple-Family Residential District (High-Rise). O-1 Office-Service District. CR Commercial Recreation. B-1 Local Business District. B-2 Planned Community Business District. B-3 General Business District. CLD Central Lakefront Development District. LI Light Industrial District. P-1 Vehicular Parking District. R-F…
Zone name
General Business District
General category
COMMERCIAL
Zone area
112.45 ac
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 Saint Clair Shores submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Clair Shores 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 2022Property tax & assessments
Tax year 2022
Tax billed
$956
Tax year 2022
Assessed value
$14,600
Assessed 2023
Previous assessed
$14,200
+2.8% YoY
Effective rate
6.55%
On assessed value
Total market value
$29,200
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.07 ac (3,006 SF)
Zoning code
B-3
APN
09-14-22-201-019
UPID
US43-4053180
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Saint Clair Shores, MIZoning B-3 · permitted uses
B-3 · Saint Clair Shores, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Family Residential District (Low-Rise). RM-2 Multiple-Family Residential District (High-Rise). O-1 Office-Service District. CR Commercial Recreation. B-1 Local Business District. B-2 Planned Community Business District. B-3 General Business District. CLD Central Lakefront Development District. LI Light Industrial District. P-1 Vehicular Parking District. R-F Residential Facilities District. (Comp. Ords. 1988, § 15.031(35.4); chap. 35 eff.
Zone name
General Business District
General category
COMMERCIAL
Zone area
112.45 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
Christina Realty LLC
Entity
Free & Clear · 20 yrs held
Mailing address
43348 TUSCANY DR, STERLING HEIGHTS, MI 48314-1948
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2006
$260,000
Christina Realty LLC
Grissom,patricia M
Warranty Deed
—
Feb 16, 2006
$245,000
Travis Realty LLC
Kolf,john A SR
Warranty Deed
—
—
—
Christina Realty LLC
—
Deed Of Trust
related
$225,000 · Community Choice Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 27626 Harper Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
