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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Gas stations
28851 Hoover Rd, Warren, MI 48093-4102
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US43-0027744
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1995
Total area
1,900 SF
Lot
0.52 ac (22,477 SF)
Zoning code
C-2
APN
12-13-15-226-029
UPID
US43-0027744
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
-
Shell Grocery & Convenience Store
-
RockItCoin Bitcoin ATM Atm
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
Adam Real Estate Holding LLC · 5 yrs held
Adam Real Estate Holding LLC
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C-2 · Warren, 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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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
$1,535,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.28M (May 6 2021)
Last sale anchor
$1.28M
May 6 2021
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
$674 / 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
$13,131
Tax year 2022
Assessed value
$202,340
Assessed 2023
Previous assessed
$193,800
+4.4% YoY
Effective rate
6.49%
On assessed value
Total market value
$404,680
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1995
Heating
FORCED AIR
Stories
1
Total area
1,900 SF
Lot
0.52 ac (22,477 SF)
Zoning code
C-2
APN
12-13-15-226-029
UPID
US43-0027744
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C-2 · Warren, MI
Zoning C-2 · permitted uses
C-2 · Warren, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warren. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
FORCED AIR
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Adam Real Estate Holding LLC
Entity
Mailing address
7704 OAKMAN BLVD, DEARBORN, MI 48126-1171
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2022
—
Adam Real Estate Holding LLC
—
Deed
related
—
May 18, 2021
—
Sd Enterprises INC
—
Deed
related
$6,256,000 · Adeam Real Estate Nholding LLC
May 6, 2021
$1,280,000
Adam Real Estate Holding LLC
Sd Oil Enterprises INC
Warranty Deed
$546,000 · Michigan First Cu
May 30, 2018
—
Sd Oil Ents INC
—
Deed
$676,000 · Michigan First Cu
Dec 13, 2012
—
Safeway Acquisition Co LLC
—
Deed Of Trust
related
$15,100,050 · Talmer Bank & Trust
Apr 4, 2006
$700,000
Safeway Acquisitions Co LLC
Woods J D Living Trust
Warranty Deed
—
Apr 13, 2005
—
Safeway Acquisition Co LLC
Shell Oil Products Us
Trustees Deed
$25,897,000 · Comerica Bank
Feb 18, 2004
—
Jimmie D Woods
Woods,jimmie D
Quit Claim Deed
related
—
—
—
Sd Oil Ents INC
—
Deed Of Trust
$676,000 · Michigan First Cu
—
—
Hoover Fuel INC
—
Deed Of Trust
related
—
—
—
Sd Oil Ents INC
—
Deed Of Trust
related
—
—
—
Safeway Acquisition Co LLC
—
Deed Of Trust
related
$21,565 · Citizens Federal Bank 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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