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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Strip malls
41106 5th Mile Rd, Plymouth, MI 48170-2665
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1612502
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Total area
6,144 SF
Lot
0.94 ac (40,946 SF)
Zoning code
B-1
APN
77 051 99 0004 000
UPID
US43-1612502
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
-
Rumi's Passion Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$865k
Owner & transaction history
Gluten Free On Five LLC · 1 yrs held
Gluten Free On Five LLC
since 2025
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
B-1 · Plymouth, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.4M
+187.0%
Commercial (general)
$675,000
+38.0%
Restaurant
$635,000
+30.1%
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 Plymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth 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
$825,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,405,000
Change: +187% · Conversion: Difficult
COMMERCIAL (GENERAL)
$675,000
Change: +38% · Conversion: Easy
RESTAURANT
$635,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$595,000
Change: +22% · Conversion: Moderate
MEDICAL BUILDING
$580,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $900k (Mar 7 2025)
Last sale anchor
$900k
Mar 7 2025
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
$141 / 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
$14,056
Tax year 2023
Assessed value
$288,100
Assessed 2024
Previous assessed
$263,300
+9.4% YoY
Effective rate
4.88%
On assessed value
Total market value
$576,200
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1967
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
6,144 SF
Lot
0.94 ac (40,946 SF)
Zoning code
B-1
APN
77 051 99 0004 000
UPID
US43-1612502
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Plymouth, MI
Zoning B-1 · permitted uses
B-1 · Plymouth, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plymouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$675,000
RESTAURANT
Est. value
$635,000
OFFICE BUILDING
Est. value
$595,000
MEDICAL BUILDING
Est. value
$580,000
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
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
1967
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Gluten Free On Five LLC
Entity
Mailing address
41106 5TH MILE RD, PLYMOUTH, MI 48170-2665
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
$900,000
Gluten Free On Five LLC
Gluten Free On 5 LLC
Warranty Deed
$828,000 · First Internet Bank Of Indiana
Feb 24, 2021
$900,000
Gluten Free On 5 LLC
Adrian Home Sweet Home LLC
Warranty Deed
$1,519,000 · Incrediblebank
Jun 6, 2017
—
Adrian Home Sweet Home LLC
—
Deed
related
$225,000 · Monroe Bank & Trust
Feb 7, 2017
$275,000
Adrian Home Sweet Home LLC
Rfki LLC
Warranty Deed
—
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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