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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
29009 Northwestern Hwy, Southfield, MI 48034-1009
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US43-1115407
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1996
Total area
1,208 SF
Lot
0.37 ac (16,117 SF)
Zoning code
B-3
APN
76-24-07-451-001
UPID
US43-1115407
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
-
Sunoco Gas Station
-
BGHA Chimney Fix & Cleaning Services Inc. General Contractor Renovation Specialist
-
GetCoins Bitcoin 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
by Request
Owner & transaction history
Mcorp 29009 Nw Highway LLC
Mcorp 29009 Nw Highway LLC
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
B-3 · Southfield, 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 Southfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southfield 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
$15,222
Tax year 2022
Assessed value
$232,660
Assessed 2022
Previous assessed
$232,660
+0.0% YoY
Effective rate
6.54%
On assessed value
Assessed land
$59,310
Assessed improvement
$173,350
Land market value
$118,620
Improvement market value
$346,700
Total market value
$465,320
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
1,208 SF
Lot
0.37 ac (16,117 SF)
Zoning code
B-3
APN
76-24-07-451-001
UPID
US43-1115407
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Southfield, MI
Zoning B-3 · permitted uses
B-3 · Southfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Mcorp 29009 Nw Highway LLC
Entity
Mailing address
8211 W BROWARD BLVD STE #230, PLANTATION, FL 33324-2726
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Apr 24, 2026
—
Mcorp 29009 Nw Highway LLC
—
Deed
related
$6,500,000 · Barewin Properties LLC
Sep 15, 2025
$2,500,000
Mcorp 29009 Nw Highway LLC
Detroit Petroleum Properties IV LLC
Deed
$500,000 · Megan Mary INC
Sep 6, 2018
—
F Detroit Petroleum Prop IV Ll
Knight Carroll L Trust
Grant Deed
$40,000,000 · Woodforest Nat'l Bk
May 23, 2005
—
Knight Carroll L Trust
Knight Darlene M Trust
Quit Claim Deed
related
—
Jun 11, 1998
—
Knight Trust
Knight Enterprises Ubc
Quit Claim Deed
related
$1,200,000 · Michigan National Bank
—
—
Knight Enterprises INC
—
Deed Of Trust
related
$6,544,869 · Standard Federal Bank
—
—
Knight,tr
—
Deed Of Trust
related
$2,847,000 · Bank One NA
—
—
Adan Diab
—
Deed Of Trust
related
$90,000 · Knight Ents INC
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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