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Property profile & analytics
OFF-MARKET
Estimated value
$3,310,000
Outlet malls
3924 Baldwin Rd Auburn Hills, MI 48326-1219
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0870859
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1998
Construction
BRICK
Total area
25,009 SF
Lot
3.02 ac (131,551 SF)
Zoning code
B-2
APN
02-14-05-177-001
UPID
US43-0870859
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
-
2nd & Charles (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.65M
Blend (final)
Blend
$3.31M
Owner & transaction history
Jmg Auburn Hills LLC · 13 yrs held
Jmg Auburn Hills LLC
since 2013
5 recorded transactions
Zoning & alternative use
B-2 · Auburn Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.4M
+4.4%
Restaurant
$4.3M
+2.6%
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 Auburn Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn Hills 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
Alternative Use
Use
Estimation
RETAIL STORES
$4,220,000
Current use
COMMERCIAL (GENERAL)
$4,405,000
Change: +4% · Conversion: Easy
RESTAURANT
$4,330,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$3,950,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$3.31M
Range $2.98M – $3.64M · ±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
$132 / 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
$57,226
Tax year 2023
Assessed value
$1,226,780
Assessed 2024
Previous assessed
$1,237,160
-0.8% YoY
Effective rate
4.66%
On assessed value
Total market value
$2,453,560
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
25,009 SF
Lot
3.02 ac (131,551 SF)
Zoning code
B-2
APN
02-14-05-177-001
UPID
US43-0870859
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Auburn Hills, MI
Zoning B-2 · permitted uses
B-2 · Auburn Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$4.4M
RESTAURANT
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$4.0M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
3.02 ac
Current owner
From public records · entity-resolved
Jmg Auburn Hills LLC
Entity
Free & Clear · 13 yrs held
Mailing address
6735 TELEGRAPH RD STE #110, BLOOMFIELD HILLS, MI 48301-3143
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2013
—
Jmg Auburn Hills LLC
2001 Brooks Holdings LLC
Grant Deed
—
Oct 10, 2011
$2,375,000
2001 Books Holdings LLC
Sheriff Of Okland County
Trustees Deed
related
—
Mar 31, 1999
—
Auburn Hills City (mi)
Taubman Auburn Hills Assoc LP
Quit Claim Deed
related
—
Jan 14, 1999
—
Atmf-auburn Hills Miller
—
Deed Of Trust
related
$4,426,034 · Wilmington Trust Co
Dec 11, 1998
—
Miller Atmf-auburns Hills LLC
Taubman Auburn Hills Assoc LP
Grant 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.
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