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Property profile & analytics
OFF-MARKET
Gas stations
30775 12th Mile Rd, Farmington Hills, MI 48334-3815
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-5230760
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1972
Total area
36 SF
Lot
0.41 ac (17,816 SF)
Zoning code
BI
APN
22-23-14-101-015
UPID
US43-5230760
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
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
Bmw Kar Wash LLC · 3 yrs held
Bmw Kar Wash LLC
since 2022
Last sale
$269,000
7 recorded transactions
Zoning & alternative use
BI · Farmington Hills, 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 Farmington Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington Hills 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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,120
Tax year 2023
Assessed value
$153,870
Assessed 2024
Previous assessed
$134,340
+14.5% YoY
Effective rate
5.28%
On assessed value
Assessed land
$62,300
Assessed improvement
$91,570
Land market value
$124,600
Improvement market value
$183,140
Total market value
$307,740
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
1972
Heating
FORCED AIR
Stories
1
Units
1
Total area
36 SF
Lot
0.41 ac (17,816 SF)
Zoning code
BI
APN
22-23-14-101-015
UPID
US43-5230760
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Farmington Hills, MI
Zoning BI · permitted uses
BI · Farmington Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmington Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Bmw Kar Wash LLC
Entity
Mailing address
380 N OLD WOODWARD AVE STE #205, BIRMINGHAM, MI 48009-5314
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2022
—
Bmw Kar Wash LLC
Realty Income Properties 28 LLC
Lease
—
Aug 15, 2022
$269,000
Realty Income Properties 28 LLC
T J INC
Deed
—
Jul 17, 2019
—
Tj INC
—
Deed
related
$713,215 · Independent Bank
Dec 12, 2018
—
T-j INC
—
Grant Deed
related
$3,280,000 · Independent Bk
Mar 27, 2014
—
T J INC
T J INC
Quit Claim Deed
related
$700,000 · Independent Bank
Oct 5, 2004
—
T-j INC
12 Mile Car Wash
Quit Claim Deed
related
$850,000 · Republic Bank
Jan 7, 2003
—
T-j INC
Salem,sam & Ann
Quit Claim Deed
related
—
Sep 6, 2002
—
T-j INC
Oconnell,thomas & Patricia
Quit Claim Deed
related
$150,000 · Orchard Lake/12 Mile Car Wash
May 28, 1998
—
Mile Car Wash 12
Oconnell,thomas P & Patricia
Quit Claim Deed
related
$1,678,000 · Seller
—
—
T-j INC
—
Deed Of Trust
related
$1,000,000 · Bank One NA
—
—
T-j INC
—
Deed Of Trust
related
$260,000 · Level One Bank
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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