Entity Owned Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1964
Total area
93,458 SF
Zoning code
B-2
APN
08-14-04-252-003
UPID
US43-4755327
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.90M
CAP Approach
CAP
$10.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.90M
Owner & transaction history
since 2024
Last sale
$7.9M
1 recorded transaction
Zoning & alternative use
B-2 · Roseville, MI
Zoning description
ns. § 370-30 Required conditions. Article X B-1 Local Business District § 370-31 Intent. § 370-32 Principal permitted uses. § 370-33 Permitted uses subject to special conditions. § 370-34 Required conditions. Article XI…
General category
COMMERCIAL
Top alternative use upside
Medical building
$11.5M
+84.2%
Commercial (general)
$9.8M
+57.4%
Auto repair, garage
$8.0M
+29.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$7.90M
Value range
$7.11M – $8.69M
±10% around blend
Estimated value / SF
$85 / SF
Confidence
Property data
75
Market benchmarks
100
Comparable evidence
60
$7.11M
blend $7.90M
$8.69M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
93,458 SF
Year built
1964
Stories
1
APN
08-14-04-252-003
Zoning
B-2
Assessed value
$1,541,700
3
Income approach: direct capitalization
Partial preview
Income approach indication
$10.63M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$11.52M
@ 6.5% CAP return
$10.63M
@ 7% CAP return
$9.87M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$7.90M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$67
+27%
Submarket 20 sales
$67
+27%
County 339 sales
$104
-19%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $85/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+84%
vs current-use indication
Commercial (general)
Auto Repair, Garage
Warehouse, Storage
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
8.70%
Implied, in-place cap rate for this outlet malls
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.70%
9.0%
NOI (est.)
$553k *
Last sale · Nov 2024
$7.90M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.36M
Move the market yield to see immediate price impact.
Value / SF
$68
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.20%8.70%9.20%
$498k
$6.07M
$5.72M
$5.41M
$553k
$6.74M
$6.36M
$6.01M
$608k
$7.42M
$6.99M
$6.61M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$1,541,700
Assessed 2024
Total market value
$3,083,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1964
Heating
FORCED AIR
Stories
1
Total area
93,458 SF
Zoning code
B-2
APN
08-14-04-252-003
UPID
US43-4755327
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Roseville, MIZoning B-2 · permitted uses
B-2 · Roseville, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
ns. § 370-30 Required conditions. Article X B-1 Local Business District § 370-31 Intent. § 370-32 Principal permitted uses. § 370-33 Permitted uses subject to special conditions. § 370-34 Required conditions. Article XI…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
FORCED AIR
Stories
1
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
B-2
COMMERCIAL
Jurisdiction
Roseville, MI
Recorded code
B-2
Official district
B-2
Official district profile
What the municipal code says about B-2
Zoning description
ns. § 370-30 Required conditions. Article X B-1 Local Business District § 370-31 Intent. § 370-32 Principal permitted uses. § 370-33 Permitted uses subject to special conditions. § 370-34 Required conditions. Article XI…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Roseville, MI.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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