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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Grocery and convenience stores
33925 23rd Mile Rd Chesterfield, MI 48047-4008
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-1614493
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2001
Total area
3,328 SF
Lot
1.9 ac (82,764 SF)
Zoning code
C3 GEN
APN
15-09-14-300-047
UPID
US43-1614493
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
-
bp Gas Station
-
Shell Atm Gas Station
-
Metrofino Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$950k
Owner & transaction history
Akkari D Real Estate LLC · 4 yrs held
Akkari D Real Estate LLC
since 2021
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
C3 GEN · 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
Method
Estimation
Statistic approach
$1,020,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $850k (Nov 9 2021)
Last sale anchor
$850k
Nov 9 2021
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
$285 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$28,673
Tax year 2022
Assessed value
$614,300
Assessed 2023
Previous assessed
$571,900
+7.4% YoY
Effective rate
4.67%
On assessed value
Total market value
$1,228,600
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
2001
Heating
FORCED AIR
Stories
1
Total area
3,328 SF
Lot
1.9 ac (82,764 SF)
Zoning code
C3 GEN
APN
15-09-14-300-047
UPID
US43-1614493
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C3 GEN · Chesterfield, MIZoning C3 GEN · permitted uses
C3 GEN · Chesterfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Stories
1
Lot
1.9 ac
Current owner
From public records · entity-resolved
Akkari D Real Estate LLC
Entity
Mailing address
33925 23RD MILE RD, CHESTERFIELD, MI 48047-4008
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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 9, 2021
$850,000
Akkari D Real Estate LLC
Rayven Properties 3 LLC
Warranty Deed
—
Nov 23, 2015
—
Akkari D Real Estate LLC
Rayven Properties 3 LLC
Quit Claim Deed
—
Jun 18, 2015
$777,500
Rayven Properties 3 LLC
Hanna B Real Estate LLC
Grant Deed
—
Feb 1, 2007
$1,050,000
Hanna B Real Estate LLC
Mazer INC
Warranty Deed
$1,155,000 · Franklin Bank
Oct 31, 2005
$600,000
Mazer INC
Y & A Food Mart Ent INC
Warranty Deed
$1,030,000 · Franklin Bank
—
—
Hanna B Real Estate LLC
—
Deed Of Trust
related
$350,000 · Rpf Oil Co
—
—
Mazer INC
—
Deed Of Trust
related
$50,000 · Rpf Oil Co
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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