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Property profile & analytics
FOR SALE
Grocery and convenience stores
401 W Midland Rd Auburn, MI 48611
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-0902646
For Sale
$175,000
401 W Midland Rd, Auburn, MI 48611
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Lot
0.28 ac (12,197 SF)
APN
150-024-200-010-01
UPID
US43-0902646
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
-
ATM Atm
-
JoJo's Refresh Stop Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tiffany Jaime · 2 yrs held
Tiffany Jaime
since 2024
Last sale
$159,000
7 recorded transactions
Zoning & alternative use
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$361
Tax year 2023
Assessed value
$7,600
Assessed 2024
Previous assessed
$7,600
+0.0% YoY
Effective rate
4.75%
On assessed value
Total market value
$15,200
Applied tax rate
150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Sale
Heating
FORCED AIR
Lot
0.28 ac (12,197 SF)
APN
150-024-200-010-01
UPID
US43-0902646
Jurisdiction
BAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
FORCED AIR
Lot
0.28 ac
Current owner
From public records · entity-resolved
Tiffany Jaime
Individual
Mailing address
401 E MIDLAND RD, AUBURN, MI 48611-9782
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
$205,000
Tiffany Jaime
Ryan C Jaime
Warranty Deed
related
$201,286 · Independent Bank
Feb 21, 2024
—
Papa Mike LLC
Gluck Norri
Quitclaim Deed
related
—
Feb 20, 2024
—
Gluck Norri
Gluck Norri
Deed
related
—
Nov 6, 2018
$159,000
Ryan C Jaime
Christopher R Cummings
Warranty Deed
$151,050 · Independent Bank
Aug 1, 2006
—
Christopher R Cummings
Elfering,kristin
Quit Claim Deed
related
$131,400 · Ctx Mortgage Co
Jul 29, 2004
$123,500
Christopher Cummings
Rivera,lisa
Warranty Deed
$98,800 · Greenpoint Mortgage Funding
Mar 15, 2001
$110,000
Lisa Rivera
Cliff,ronald C & Connie K P
Warranty 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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