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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Commercial land
3335 Auburn Rd, Shelby Township, MI 48317-3715
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0070945
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
6,548 SF
Lot
0.36 ac (15,725 SF)
Zoning code
CK MAP
APN
23-07-30-451-005
UPID
US43-0070945
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
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$515k
Blend (final)
Blend
$750k
Owner & transaction history
Bahi Investment LLC · 1 yrs held
Bahi Investment LLC
since 2024
Last sale
$750,000
5 recorded transactions
Zoning & alternative use
CK MAP · Shelby Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$930,000
+9.8%
Office building
$905,000
+7.2%
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 Shelby Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby Township 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$845,000
Current use
RESTAURANT
$930,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$905,000
Change: +7% · Conversion: Easy
RETAIL STORES
$805,000
Change: -5% · Conversion: Easy
MEDICAL BUILDING
$805,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Sep 9 2024)
Last sale anchor
$750k
Sep 9 2024
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
$115 / 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
$1,786
Tax year 2023
Assessed value
$34,400
Assessed 2024
Previous assessed
$34,400
+0.0% YoY
Effective rate
5.19%
On assessed value
Total market value
$68,800
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
FORCED AIR
Bathrooms
2
Total area
6,548 SF
Lot
0.36 ac (15,725 SF)
Zoning code
CK MAP
APN
23-07-30-451-005
UPID
US43-0070945
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
CK MAP · Shelby Township, MI
Zoning CK MAP · permitted uses
CK MAP · Shelby Township, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelby Township. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$845,000
RESTAURANT
Est. value
$930,000
OFFICE BUILDING
Est. value
$905,000
RETAIL STORES
Est. value
$805,000
MEDICAL BUILDING
Est. value
$805,000
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
Heating
FORCED AIR
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Bahi Investment LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1123 E 11TH MILE RD, ROYAL OAK, MI 48067-2047
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 9, 2024
$750,000
Bahi Investment LLC
Anna M Messina
Warranty Deed
—
May 12, 2017
—
Messina,stephen L Living Trust
Messina Stephen L
Quit Claim Deed
related
—
Oct 1, 2004
$150,000
Stephen L Messina
East,grayson C JR & Pauline
Warranty Deed
—
Oct 1, 2004
$6,000
Grayson C East JR.
East Concepts INC
Quit Claim Deed
related
—
Oct 1, 2004
$30,000
Crown East
Morgan,ethel A
Warranty Deed
—
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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