New search
Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Retail space
36540 Grn St, New Baltimore, MI 48047-2539
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US43-5243150
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Total area
4,758 SF
Lot
0.39 ac (16,814 SF)
Zoning code
CBD
APN
06-09-13-435-010
UPID
US43-5243150
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
-
BIGGBY COFFEE Cafe & Coffee Shop
-
BQJA Chimney Fix & Cleaning Services Inc. General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$725k
Owner & transaction history
Nicholas Emily R/e Ventures Ll · 13 yrs held
Nicholas Emily R/e Ventures Ll
since 2012
7 recorded transactions
Zoning & alternative use
CBD · New Baltimore, 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 New Baltimore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Baltimore 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
$725k
Range $653k – $798k · ±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
$152 / 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
$7,878
Tax year 2022
Assessed value
$184,100
Assessed 2023
Previous assessed
$178,800
+3.0% YoY
Effective rate
4.28%
On assessed value
Total market value
$368,200
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Stories
1
Total area
4,758 SF
Lot
0.39 ac (16,814 SF)
Zoning code
CBD
APN
06-09-13-435-010
UPID
US43-5243150
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
CBD · New Baltimore, MI
Zoning CBD · permitted uses
CBD · New Baltimore, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Baltimore. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Nicholas Emily R/e Ventures Ll
Entity
Mailing address
36215 MONROE ST, NEW BALTIMORE, MI 48047-6386
Ownership since
2012
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
Jul 30, 2012
$157,000
Nicholas Emily R/e Ventures Ll
Seaway Cmnty Bk
Grant Deed
$349,000 · Seaway Community Bank
Dec 29, 2008
$426,527
Seaway Cmnty Bk
Saad,james J JR
Quit Claim Deed
related
—
Dec 7, 2004
$55,000
Blue Water Medical Supply INC
Christie,charles D
Warranty Deed
—
Dec 7, 2004
$450,000
Power Investments LLP
Blue Water Land Dev LLC
Warranty Deed
$412,500 · Seaway Community Bank
—
—
Nicholas Emily Real Estate Ven
—
Deed Of Trust
related
$10,000 · Seaway Community Bank
—
—
Nicholas Emily Real Estate Ven
—
Deed Of Trust
related
$232,000 · Sem Srcs Cap INC
—
—
Nicholas Emily Real Estate Ven
—
Deed Of Trust
related
$349,000 · Sem Srcs Cap INC
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 36540 Grn St?
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.
