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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Grocery and convenience stores
3544 Pelham St Dearborn, MI 48124-3943
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-5254793
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1948
Total area
1,911 SF
Lot
0.25 ac (10,890 SF)
Zoning code
BB
APN
82 09 274 08 017
UPID
US43-5254793
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
-
PELHAM SERVICE LLC Gas Station
-
ATM Atm
-
Marathon Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$605k
Owner & transaction history
Outer Drive Holdings LLC · 1 yrs held
Outer Drive Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
BB · Dearborn, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
SIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B-C, GENERAL BUSINESS DISTRICT[1] ARTICLE 17.00 - B-D, DOWNTOWN BUSINESS DISTRICT ARTICL…
Zone name
Community Business District
General category
COMMERCIAL
Zone area
507.93 ac
Source
Sec. 1.01. - Short title.
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 Dearborn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dearborn 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
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$317 / 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
$13,795
Tax year 2023
Assessed value
$214,500
Assessed 2024
Previous assessed
$206,300
+4.0% YoY
Effective rate
6.43%
On assessed value
Total market value
$429,000
Applied tax rate
82,030.0000
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
CONVENIENCE STORE
Status
Off-Market
Year built
1948
Heating
FORCED AIR
Stories
1
Total area
1,911 SF
Lot
0.25 ac (10,890 SF)
Zoning code
BB
APN
82 09 274 08 017
UPID
US43-5254793
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
BB · Dearborn, MIZoning BB · permitted uses
BB · Dearborn, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
SIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B-C, GENERAL BUSINESS DISTRICT[1] ARTICLE 17.00 - B-D, DOWNTOWN BUSINESS DISTRICT ARTICLE 18.00 - I-A, LIGHT INDUSTRIAL DISTRICT[1] ARTICLE 19.00 - I-B, MEDIUM INDUSTRIAL
Zone name
Community Business District
General category
COMMERCIAL
Zone area
507.93 ac
Source
Sec. 1.01. - Short title.
Building & site characteristics
From public records
Year built
1948
Heating
FORCED AIR
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Outer Drive Holdings LLC
Entity
Mailing address
1 W LN LANE, DEARBORN, MI 48124-1193
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
—
Outer Drive Holdings LLC
—
Deed
related
$1,500,000 · Uspp Barrick LLC
Dec 22, 2025
—
Outer Drive Holdings LLC
—
Deed
related
$2,500,000 · Fakhoury Family Investments LLC
Jul 17, 2025
—
Outer Drive Holdings LLC
Pelham Investments LLC
Quitclaim Deed
related
$2,500,000 · Fakhoury Family Investments LLC
Oct 28, 2014
—
Pelham Investments LLC
Pelham Holdings LLC
Quit Claim Deed
related
—
Oct 3, 2014
—
Pelham Investments LLC
Pelham Holdings LLC
Quit Claim Deed
related
—
Aug 19, 2014
$425,000
Pelham Holdings LLC
Outer Drive Properties LLC
Grant Deed
—
Sep 29, 2010
$200,000
Michigan
Mba Gas & Oil INC
Quit Claim Deed
related
—
Sep 29, 2010
—
Outer Drive Properties LLC
Oke,charles
Quit Claim Deed
related
—
Dec 1, 2008
—
Mba Gas & Oil INC
Hammoud,dina
Quit Claim Deed
related
—
—
—
Mba Gas & Oil INC
—
Deed Of Trust
related
$85,000 · Huntington National Bank
—
—
Pelham Investments LLC
—
Deed Of Trust
related
$107,832 · Fakhoury Family Invs LLC
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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