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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Medical Office Space
4313 Rochester Rd Royal Oak, MI 48073-4743
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US43-5204563
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1950
Total area
2,378 SF
Lot
0.23 ac (10,149 SF)
Zoning code
NBHD BUS
APN
72-25-03-179-013
UPID
US43-5204563
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
-
Monisha Manish Chadda Dental Office
-
Lumon Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$495k
Comparable Approach
Comparable
$543k
Blend (final)
Blend
$510k
Owner & transaction history
4313 Rochester Road LLC · 5 yrs held
4313 Rochester Road LLC
since 2021
Last sale
$499,047
7 recorded transactions
Zoning & alternative use
NBHD BUS · Royal Oak, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$465,000
+24.5%
Retail stores
$400,000
+6.9%
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 Royal Oak submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royal Oak 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
$525,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$535,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$375,000
Current use
COMMERCIAL (GENERAL)
$465,000
Change: +24% · Conversion: Easy
RETAIL STORES
$400,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $499k (May 4 2021)
Last sale anchor
$499k
May 4 2021
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
$214 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$6,884
Tax year 2021
Assessed value
$243,590
Assessed 2024
Previous assessed
$154,520
+57.6% YoY
Effective rate
2.83%
On assessed value
Total market value
$487,180
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
2,378 SF
Lot
0.23 ac (10,149 SF)
Zoning code
NBHD BUS
APN
72-25-03-179-013
UPID
US43-5204563
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
NBHD BUS · Royal Oak, MI
Zoning NBHD BUS · permitted uses
NBHD BUS · Royal Oak, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Royal Oak. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$375,000
COMMERCIAL (GENERAL)
Est. value
$465,000
RETAIL STORES
Est. value
$400,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1950
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
4313 Rochester Road LLC
Entity
Mailing address
4313 ROCHESTER RD, ROYAL OAK, MI 48073-4743
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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 4, 2021
$499,047
4313 Rochester Road LLC
Van De Vyver Properties LLC
Warranty Deed
$344,000 · The Huntington National Bank
Jul 10, 2018
—
Van De Vyver Properties LLC
—
Deed
related
$261,884 · Pnc Bk
Dec 22, 2010
$150,000
Van De Vyver Properties LLC
Citizens Bk
Warranty Deed
$370,800 · Compass Bank
May 26, 2009
$165,000
Citizens Bk
Sheriff Of Oakland County
Trustees Deed
related
—
Jul 9, 2007
$5,337
Tgh Ventures INC
Oakland County Treasurer
Grant Deed
—
Oct 12, 2000
$207,000
T G H Ventures INC
F B F INC
Grant Deed
$155,250 · Citizens Federal Bank Fsb
—
—
Van De Vyver Properties LLC
—
Loan Modification
related
$261,884 · Pnc Bk
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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