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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Motels
28525 Michigan Ave Inkster, MI 48141-2143
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US43-0057544
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1951
Total area
14,537 SF
Lot
0.79 ac (34,412 SF)
APN
44 008 02 0019 003
UPID
US43-0057544
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
-
Paradise Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$665k
Owner & transaction history
Sanaya Shiv LLC · 5 yrs held
Sanaya Shiv LLC
since 2020
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+22.6%
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 Inkster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inkster 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
$550,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$950,000
6.5%
$875,000
7%
$815,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$905,000
Current use
RETAIL STORES
$1,105,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $500k (Oct 21 2020)
Last sale anchor
$500k
Oct 21 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
$46 / 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
$20,934
Tax year 2019
Assessed value
$288,600
Assessed 2024
Previous assessed
$269,800
+7.0% YoY
Effective rate
7.25%
On assessed value
Total market value
$577,200
Applied tax rate
82,151.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1951
Heating
FORCED AIR
Buildings
4
Stories
1
Total area
14,537 SF
Lot
0.79 ac (34,412 SF)
APN
44 008 02 0019 003
UPID
US43-0057544
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$905,000
RETAIL STORES
Est. value
$1.1M
HOTEL/MOTEL 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
1951
Heating
FORCED AIR
Stories
1
Buildings
4
Lot
0.79 ac
Current owner
From public records · entity-resolved
Sanaya Shiv LLC
Entity
Mailing address
28525 MICHIGAN AVE, INKSTER, MI 48141-2143
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2020
$500,000
Sanaya Shiv LLC
Jalasai LLC
Warranty Deed
$500,000 · State Bank Of Texas
Jun 12, 2018
—
Jalasai LLC
—
Deed
related
$600,000 · State Bk/tx
May 30, 2012
$250,000
Jalasai LLC
Marleau,charles T & Joanne E
Warranty Deed
—
May 11, 2012
—
Charles T Marleau
Harry Harry LLC
Quit Claim Deed
related
—
Feb 15, 2007
$315,000
Charles Marleau
Fusciardi,carmela
Warranty Deed
—
Feb 15, 2007
—
Harry Harry LLC
Marleau,charles T & Joanne E
Grant Deed
—
—
—
Jalasai LLC
—
Deed Of Trust
related
$600,000 · State Bk/tx
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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