New search
Property profile & analytics
OFF-MARKET
Estimated value
$150,350,000
Office buildings
4160 John R St Detroit, MI 48201-2020
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US43-1982534
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1921
Total area
1,478,662 SF
Lot
14.51 ac (632,056 SF)
Zoning code
R6
APN
01003877-83
UPID
US43-1982534
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
-
DMC Harper Internal Medicine Hospital
-
Detroit Medical Center Pain Management Services Medical Clinic
-
DMC Neurosurgery Clinic Medical Clinic
-
Dr. Samir F. Fuleihan, MD Physician
-
Mohamed Osman, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$150.35M
Blend (final)
Blend
$150.35M
Owner & transaction history
Vhs Harper-hutzel Hospital INC
Vhs Harper-hutzel Hospital INC
1 recorded transaction
Zoning & alternative use
R6 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$135.0M
+48.1%
Restaurant
$134.9M
+48.0%
Neighborhood: shopping center
$112.0M
+22.9%
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 Detroit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Detroit 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
OFFICE BUILDING
$91,145,000
Current use
COMMERCIAL (GENERAL)
$134,985,000
Change: +48% · Conversion: Easy
RESTAURANT
$134,900,000
Change: +48% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$112,025,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$102,160,000
Change: +12% · Conversion: Moderate
MEDICAL BUILDING
$93,170,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$150.35M
Range $135.32M – $165.39M · ±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
$102 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$1,442,272
Tax year 2020
Assessed value
$109,323,800
Assessed 2024
Previous assessed
$109,196,200
+0.1% YoY
Effective rate
1.32%
On assessed value
Total market value
$218,647,600
Applied tax rate
82,010.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1921
Heating
FORCED AIR
Buildings
33
Stories
6
Total area
1,478,662 SF
Lot
14.51 ac (632,056 SF)
Zoning code
R6
APN
01003877-83
UPID
US43-1982534
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
R6 · Detroit, MI
Zoning R6 · permitted uses
R6 · Detroit, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Detroit. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$91.1M
COMMERCIAL (GENERAL)
Est. value
$135.0M
RESTAURANT
Est. value
$134.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$112.0M
RETAIL STORES
Est. value
$102.2M
MEDICAL BUILDING
Est. value
$93.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1921
Heating
FORCED AIR
Stories
6
Buildings
33
Lot
14.51 ac
Current owner
From public records · entity-resolved
Vhs Harper-hutzel Hospital INC
Entity
Mailing address
14400 METCALF AVE, OVERLAND PARK, KS 66223-2989
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Vhs Harper-hutzel Hospital INC
—
Deed Of Trust
related
$300,000,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4160 John R St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
