New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Grocery and convenience stores
3351 Hilton Rd, Ferndale, MI 48220-3607
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0451822
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1955
Total area
3,104 SF
Lot
0.07 ac (3,049 SF)
Zoning code
BI
APN
24-25-27-228-029
UPID
US43-0451822
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
$2.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.38M
Owner & transaction history
3371 Hilton Investment LLC · 2 yrs held
3371 Hilton Investment LLC
since 2024
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
BI · Ferndale, 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 Ferndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferndale 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
$2,375,000
ML approach
$2,375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±10% · vs last sale $2.38M (May 24 2024)
Last sale anchor
$2.38M
May 24 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
$765 / 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
$21,063
Tax year 2023
Assessed value
$292,880
Assessed 2024
Previous assessed
$289,500
+1.2% YoY
Effective rate
7.19%
On assessed value
Total market value
$585,760
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1955
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,104 SF
Lot
0.07 ac (3,049 SF)
Zoning code
BI
APN
24-25-27-228-029
UPID
US43-0451822
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Ferndale, MI
Zoning BI · permitted uses
BI · Ferndale, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ferndale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
3371 Hilton Investment LLC
Entity
Mailing address
22370 LVLICHIGAN AVE FL, DEARBORN, MI 48124
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
$2,375,000
3371 Hilton Investment LLC
696 & Hilton Shell LLC
Warranty Deed
$3,100,000 · Dfcu Financial
Apr 29, 2024
$2,000,000
696 & Hilton Shell LLC
Barrick Properties 50 LLC
Warranty Deed
—
May 6, 2022
—
696 & Hilton Shell LLC
Barrick Properiles 50 LLC
Land Contract
$140,000 · Barrick Properties 50 LLC
May 3, 2022
$2,700,000
Barrick Properties 50 LLC
Mercy Holdings LLC
Warranty Deed
$50,000 · Level One Bank
Apr 6, 2022
$675,000
Mercy Holdings LLC
Darrick Properties 40 LLC
Warranty Deed
—
Jun 23, 2014
—
Mercy Holdings LLC
Barrick Properties 40 LLC
Grant Deed
—
Jun 6, 2014
—
Mercy Holdings LLC
Barrick Properties 40 LLC
Grant Deed
—
May 1, 2014
$675,000
Barrick Properties 40 LLC
Cah Land Co LLC
Warranty Deed
—
Jul 15, 2004
—
Cah Land Co LLC
C & H Land Co LLC
Quit Claim Deed
related
—
Dec 17, 2003
—
C & H Land Co LLC
Hadi,hussein & Ghada
Quit Claim Deed
related
—
Oct 14, 1999
$112,000
Mohammad A El-hadi
Adams,james L & Marianne L
Quit Claim Deed
related
—
Oct 14, 1999
$107,500
Adams,bristol & Jeanette M
Keys,ann M
Trustees Deed
—
Jul 7, 1998
$54,000
James L Adams
Adams,bristol & Jeanette M
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.
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?”
You own 3351 Hilton Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
