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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Automotive properties
39933 Frd Rd Canton, MI 48187-4400
Entity Owned
10-yr Hold
Free & Clear
Property ID
US43-1396910
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1988
Total area
5,460 SF
Lot
1 ac (43,560 SF)
Zoning code
C-4
APN
71 049 99 0016 005
UPID
US43-1396910
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
-
Sarah Shamoon Physician
-
Kyle Heise, DPT Physician
-
Companion Care Home Health Care Service
-
Back to You Osteopractic Physical Therapy & Rehabilitation Medical Clinic
-
Home Care Canton MI Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$766k
Blend (final)
Blend
$765k
Owner & transaction history
Imac Properties LLC · 10 yrs held
Imac Properties LLC
since 2015
2 recorded transactions
Zoning & alternative use
C-4 · Canton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-2, COMMUNITY COMMERCIAL DISTRICT ARTICLE 16.00. - C-2, COMMUNITY COMMERCIAL DISTRICT Expand ARTICLE 17.00. - C-3, REGIONAL COMMERCIAL DISTRICT ARTICLE 17.00. - C-3, REGIONAL COMMERCIAL DISTRICT Expand ARTICLE 18.00. - C-4, INTERCHANGE SERVICE DISTRICT ARTICLE 18.00. - C-4, INTERCHANGE SERVICE DISTRICT Expand ARTICLE 19.00. - MRD, MID-RISE DEVELOPMENT DISTR…
Zone name
Interchange Service
General category
COMMERCIAL
Zone area
3.83 ac
Top alternative use upside
Apartment house (5+ units)
$1.2M
+108.0%
Commercial (general)
$915,000
+52.3%
Office building
$725,000
+21.2%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
AUTO REPAIR, GARAGE
$600,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,245,000
Change: +108% · Conversion: Difficult
COMMERCIAL (GENERAL)
$915,000
Change: +52% · Conversion: Moderate
OFFICE BUILDING
$725,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$585,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$530,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$140 / 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
$15,786
Tax year 2023
Assessed value
$292,500
Assessed 2024
Previous assessed
$281,800
+3.8% YoY
Effective rate
5.40%
On assessed value
Total market value
$585,000
Applied tax rate
82,100.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Stories
1
Total area
5,460 SF
Lot
1 ac (43,560 SF)
Zoning code
C-4
APN
71 049 99 0016 005
UPID
US43-1396910
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C-4 · Canton, MIZoning C-4 · permitted uses
C-4 · Canton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-2, COMMUNITY COMMERCIAL DISTRICT ARTICLE 16.00. - C-2, COMMUNITY COMMERCIAL DISTRICT Expand ARTICLE 17.00. - C-3, REGIONAL COMMERCIAL DISTRICT ARTICLE 17.00. - C-3, REGIONAL COMMERCIAL DISTRICT Expand ARTICLE 18.00. - C-4, INTERCHANGE SERVICE DISTRICT ARTICLE 18.00. - C-4, INTERCHANGE SERVICE DISTRICT Expand ARTICLE 19.00. - MRD, MID-RISE DEVELOPMENT DISTRICT AND HRD, HIGH-RISE DEVELOPMENT DISTRICT ARTICLE 19.00. - MRD, MID-RISE DEVELOPM
Zone name
Interchange Service
General category
COMMERCIAL
Zone area
3.83 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$600,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$915,000
OFFICE BUILDING
Est. value
$725,000
RETAIL STORES
Est. value
$585,000
MEDICAL BUILDING
Est. value
$530,000
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1988
Heating
FORCED AIR
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Imac Properties LLC
Entity
Free & Clear · 10 yrs held
Mailing address
39933 FRD RD, CANTON, MI 48187-4400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2015
$500,000
Imac Properties LLC
Hickman Properties LLC
Warranty Deed
—
May 19, 2015
—
Hickman Properties LLC
Hickman Samuel J
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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