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Property profile & analytics
OFF-MARKET
Assisted living facilities
33503 23rd Mile Rd, Chesterfield, MI 48047-1970
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US43-1651947
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2005
Total area
39,955 SF
Lot
4.8 ac (209,175 SF)
Zoning code
RM1 MU
APN
15-09-14-300-021
UPID
US43-1651947
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
-
Commonwealth Senior Living at New Baltimore Community Center
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
Mcap Chesterfield Township Propco L · 5 yrs held
Mcap Chesterfield Township Propco L
since 2020
7 recorded transactions
Zoning & alternative use
RM1 MU · Chesterfield, 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 Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesterfield 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 2022Property tax & assessments
Tax year 2022
Tax billed
$96,677
Tax year 2022
Assessed value
$2,417,200
Assessed 2023
Previous assessed
$1,758,600
+37.5% YoY
Effective rate
4.00%
On assessed value
Total market value
$4,834,400
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Stories
2
Total area
39,955 SF
Lot
4.8 ac (209,175 SF)
Zoning code
RM1 MU
APN
15-09-14-300-021
UPID
US43-1651947
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
RM1 MU · Chesterfield, MI
Zoning RM1 MU · permitted uses
RM1 MU · Chesterfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesterfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Stories
2
Lot
4.8 ac
Current owner
From public records · entity-resolved
Mcap Chesterfield Township Propco L
Individual
Mailing address
437 MADISON AVE STE 33C, NEW YORK, NY 10022-7049
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
—
Mcap Chesterfield Township Propco L
—
Deed
related
$33,005,000 · Synovus Bank
Dec 3, 2020
—
Mcap Chesterfield Township Propco L
Arhc Pcchemi01 LLC
Deed
$30,135,000 · Synovus Bank
Jan 24, 2018
—
Arhc Pcchemi01 LLC
—
Deed
related
$82,000,000 · Capital One Bank NA
Sep 22, 2014
—
Arhc Pcchemi01 LLC
Lifehouse Prestige Commons
Grant Deed
—
Dec 3, 2009
—
Prestige Commons Pro Lifehouse
Riverside Commons
Grant Deed
related
$3,000,000 · Lifehouse Al Holdings LLC
Jun 4, 2004
—
Riverside Commons
Salt River Place LLC
Quit Claim Deed
related
$5,480,800 · St James Capital
—
—
Prestige Commons Pro Lifehouse
—
Deed Of Trust
related
$18,800,000 · General Electric Capital Corp
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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