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Property profile & analytics
OFF-MARKET
Estimated value
$8,450,000
Community centers
33300 14th Mile Rd, West Bloomfield, MI 48322-3572
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0863743
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Total area
80,901 SF
Lot
9.78 ac (425,930 SF)
Zoning code
BI
APN
X -18-34-300-018
UPID
US43-0863743
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
$11.23M
Blend (final)
Blend
$8.45M
Owner & transaction history
Apex Century Simsbury Plz LLC · 8 yrs held
Apex Century Simsbury Plz LLC
since 2018
5 recorded transactions
Zoning & alternative use
BI · West Bloomfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.0M
+86.0%
Retail stores
$13.7M
+81.4%
Medical building
$12.8M
+69.6%
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 West Bloomfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Bloomfield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$7,530,000
Current use
RESTAURANT
$14,005,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$13,655,000
Change: +81% · Conversion: Easy
MEDICAL BUILDING
$12,770,000
Change: +70% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,915,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$9,490,000
Change: +26% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$6,550,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$8.45M
Range $7.61M – $9.30M · ±10%
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
$104 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$279,057
Tax year 2023
Assessed value
$5,486,400
Assessed 2024
Previous assessed
$4,993,830
+9.9% YoY
Effective rate
5.09%
On assessed value
Total market value
$10,972,800
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
80,901 SF
Lot
9.78 ac (425,930 SF)
Zoning code
BI
APN
X -18-34-300-018
UPID
US43-0863743
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · West Bloomfield, MI
Zoning BI · permitted uses
BI · West Bloomfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Bloomfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$7.5M
RESTAURANT
Est. value
$14.0M
RETAIL STORES
Est. value
$13.7M
MEDICAL BUILDING
Est. value
$12.8M
AUTO REPAIR, GARAGE
Est. value
$9.9M
OFFICE BUILDING
Est. value
$9.5M
INDUSTRIAL (GENERAL)
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
9.78 ac
Current owner
From public records · entity-resolved
Apex Century Simsbury Plz LLC
Entity
Mailing address
4053 MAPLE RD, AMHERST, NY 14226-1058
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2018
$9,400,000
Apex Century Simsbury Plz LLC
Simsbury F/14 LLC
Trustees Deed
$9,400,000 · Merrill Lynch Tr 2017-c34 (ct)
Sep 7, 2017
—
Simsbury F 14 LLC
—
Deed
related
$9,400,000 · Starwood Mortgage Capital LLC
Jun 8, 2006
—
Simsbury F/14 LLC
Simsbury Plaza LP
Warranty Deed
—
Mar 9, 2006
—
Simsbury Plaza
Vlasic Investments LLC
Quit Claim Deed
related
—
Feb 21, 2006
—
Simsbury Plaza
Dubin,albert & Pauline
Quit Claim 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.
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