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Property profile & analytics
FOR SALE
Retail space
3168 Fort St Lincoln Park, MI 48146
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0641744
$350,000
3168 Fort St, Lincoln Park, MI 48146
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Total area
3,200 SF
Lot
0.09 ac (3,920 SF)
APN
45 013 04 0137 000
UPID
US43-0641744
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
-
AM Professional Waterproofers Hardware & Home Improvement Construction Company
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
Melissa Hernandez Sanchez · 5 yrs held
Melissa Hernandez Sanchez
since 2021
Last sale
$90,000
7 recorded transactions
Zoning & alternative use
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 Lincoln Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln Park 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 2019Property tax & assessments
Tax year 2019
Tax billed
$5,364
Tax year 2019
Assessed value
$82,700
Assessed 2024
Previous assessed
$81,900
+1.0% YoY
Effective rate
6.49%
On assessed value
Total market value
$165,400
Applied tax rate
82,090.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1952
Heating
FORCED AIR
Stories
1
Total area
3,200 SF
Lot
0.09 ac (3,920 SF)
APN
45 013 04 0137 000
UPID
US43-0641744
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
Building & site characteristics
From public records
Year built
1952
Heating
FORCED AIR
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Melissa Hernandez Sanchez
Individual
Free & Clear · 5 yrs held
Mailing address
18031 ALLEN RD, MELVINDALE, MI 48122-1570
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2021
$90,000
Melissa Hernandez Sanchez
Federico Gonzalez Islas
Warranty Deed
—
Nov 23, 2020
$123,000
Federico G Islas
J & R Blue LLC
Warranty Deed
—
May 21, 2019
—
J & R Blue LLC
Galan,ricardo
Quit Claim Deed
related
$79,200 · Capstone Finl
May 21, 2019
$60,000
Ricardo Galan
Solosy,john K II
Warranty Deed
—
Jul 20, 2018
—
Richard Galan
Galan,richard II
Quit Claim Deed
related
—
Oct 22, 2015
$60,000
Ricardo Galan II
J Kal Prop LLC
Dual Purpose Document
related
$45,000 · Private Individual
Apr 13, 2011
$100,000
Solosy Emily M Living Trust
Jk Solosy & Son Funeral Hm INC
Grant Deed
related
—
Apr 13, 2011
—
J Kal Prop LLC
Solosy Emily M Living Trust
Grant Deed
related
—
Mar 10, 2010
—
J Kal Prop LLC
Solosy Emily M Living Trust
Warranty Deed
related
—
Feb 11, 2010
$100,000
Solosy Emily M Living Trust
Jk Solosy & Son Funeral Hm INC
Warranty Deed
related
—
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?”
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