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3565 Fairlane Dr, Allen Park, MI 48101
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Property summary
AI-generated overview
This exceptional retail opportunity is located inside a high-traffic Meijer store in Allen Park, Michigan. The 768 square foot space offers a prime, front-of-store location with unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept provides significant advantages, including a high-traffic location strategically placed for maximum customer interaction. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities, simplifying operations. Branding opportunities are available both inside and outside the store, maximizing exposure. The property is situated in a thriving trade area with a desirable customer base. This space is ideal for a variety of businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. The property is located at 3565 Fairlane Dr, Allen Park, MI 48101, within Wayne County. This is a unique opportunity to establish a business within one of the Midwest's most recognizable retail destinations. The space is currently vacant and ready for immediate occupancy.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2006
Total area
205,632 SF
Lot
18.62 ac (811,087 SF)
Zoning code
C 6A
APN
30 002 01 0017 000
UPID
US43-1145233
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bakery (Bike/Boat/Book/etc) Store
-
Pharmacy
-
Loan Service Bank
-
Atm
-
Loan Service Bank
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.94M
Blend (final)
Blend
$5.51M
Owner & transaction history
Zoning & alternative use
C 6A · Allen Park, MI
General category
COMMERCIAL
Top alternative use upside
Restaurant
$21.3M
+21.9%
Medical building
$19.4M
+10.8%
Office building
$19.2M
+10.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.51M
Value range
$4.95M – $6.06M
±10% around blend
Estimated value / SF
$27 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$4.95M
blend $5.51M
$6.06M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
205,632 SF
Lot area
18.62 ac
Year built
2006
Stories
1
APN
30 002 01 0017 000
Zoning
C 6A
Assessed value
$5,500,900
Annual tax
$333,400
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$12.94M
Range $11.89M – $22.17M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$85
-68%
Submarket 28 sales
$85
-68%
County 1022 sales
$76
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $27/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+22%
vs current-use indication
Medical Building
Office Building
Retail Stores · current use
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.50M
Move the market yield to see immediate price impact.
Value / SF
$27
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$347k
$6.93M
$4.95M
$3.85M
$385k
$7.70M
$5.50M
$4.28M
$424k
$8.47M
$6.05M
$4.71M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$333,400
Tax year 2023
Assessed value
$5,500,900
Assessed 2024
Previous assessed
$6,107,800
-9.9% YoY
Effective rate
6.06%
On assessed value
Total market value
$11,001,800
Applied tax rate
82,045.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
2006
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
205,632 SF
Lot
18.62 ac (811,087 SF)
Zoning code
C 6A
APN
30 002 01 0017 000
UPID
US43-1145233
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C 6A · Allen Park, MIZoning C 6A · permitted uses
C 6A · Allen Park, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
18.62 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
C6A
COMMERCIAL
Jurisdiction
Allen Park, MI
Recorded code
C 6A
Official district
C6A
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C6A in Allen Park, MI.
What opens after registration
Zoning profile
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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