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Property profile & analytics
FOR SALE
Retail space
3951 Joslyn Rd, Auburn Hills, MI 48359
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-2566831
For Sale
$1,195,000
3951 Joslyn Rd, Auburn Hills, MI 48359
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
16,918 SF
Lot
115.64 ac (5,037,278 SF)
Zoning code
LF-11
APN
02-14-04-376-002
UPID
US43-2566831
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.20M
Owner & transaction history
Glc Ah LLC · 2 yrs held
Glc Ah LLC
since 2024
7 recorded transactions
Zoning & alternative use
LF-11 · Auburn Hills, 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 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
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$71 / 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
$13,934
Tax year 2023
Assessed value
$269,610
Assessed 2024
Previous assessed
$270,230
-0.2% YoY
Effective rate
5.17%
On assessed value
Total market value
$539,220
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
For Sale
Year built
1999
Heating
YES
Stories
1
Units
1
Total area
16,918 SF
Lot
115.64 ac (5,037,278 SF)
Zoning code
LF-11
APN
02-14-04-376-002
UPID
US43-2566831
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
LF-11 · Auburn Hills, MI
Zoning LF-11 · permitted uses
LF-11 · 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.
Building & site characteristics
From public records
Year built
1999
Heating
YES
Stories
1
Units
1
Lot
115.64 ac
Current owner
From public records · entity-resolved
Glc Ah LLC
Entity
Free & Clear · 2 yrs held
Mailing address
110 WILLITS ST, BIRMINGHAM, MI 48009-3313
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2024
—
Glc Ah LLC
561 Collier INC
Warranty Deed
—
Oct 16, 2017
—
561 Collier INC
Psb Credit Svcs INC
Quit Claim Deed
related
—
Nov 4, 2013
—
Psb Credit Services INC
Prinsbank
Quit Claim Deed
related
—
Dec 29, 2010
—
Prinsbank
Capfinancial Props Cv1 LLC
Quit Claim Deed
related
—
Jun 4, 2010
—
Capfinancial Props Cv1 LLC
Capfinancial Cv1 LLC
Quit Claim Deed
related
—
May 14, 2010
—
Capfinancial Cvi LLC
Mulligans Auburn Hills LLC
Quit Claim Deed
related
—
Mar 29, 2010
$3,001,318
Capfinancial Props Cv1 LLC
Sheriff Of Oakland County
Trustees Deed
related
—
Jun 7, 2006
$404,200
Mulligans Option LLC
Waste Management Of Michigan INC
Grant Deed
$125,000 · Waste Management/michigan INC
Jun 29, 2005
—
Mulligans Auburn Hills LLC
—
Trustees Deed
related
$44,384 · Cadillac Asphalt Paving Co
Mar 31, 1999
—
Auburn Hills City (mi)
Waste Management Of Michigan I
Quit Claim 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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