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Property profile & analytics
OFF-MARKET
Estimated value
$295,000
Grocery and convenience stores
43340 Warren Rd Canton, MI 48187-2352
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1189726
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1979
Total area
3,000 SF
Lot
0.8 ac (34,848 SF)
Zoning code
MR
APN
71 007 04 0913 000
UPID
US43-1189726
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
-
7-Eleven Grocery & Convenience Store
-
Citibank ATM Atm
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$611k
Blend (final)
Blend
$295k
Owner & transaction history
T & V Property LLC · 15 yrs held
T & V Property LLC
since 2011
2 recorded transactions
Zoning & alternative use
MR · Canton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
LE 11.00. - R-1 THROUGH R-5, SINGLE-FAMILY RESIDENTIAL DISTRICTS Expand ARTICLE 12.00. - R-6, SINGLE-FAMILY ATTACHED HOUSING DISTRICT ARTICLE 12.00. - R-6, SINGLE-FAMILY ATTACHED HOUSING DISTRICT Expand ARTICLE 13.00. - MR, MULTIPLE-FAMILY RESIDENTIAL DISTRICT ARTICLE 13.00. - MR, MULTIPLE-FAMILY RESIDENTIAL DISTRICT Expand ARTICLE 14.00. - RMH, MOBILE HOME…
Zone name
Multiple Family Residential
General category
RESIDENTIAL
Zone area
190.54 ac
Top alternative use upside
Commercial (general)
$500,000
+110.2%
Office building
$400,000
+67.2%
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
COMMERCIAL (GENERAL)
$500,000
Change: +110% · Conversion: Easy
OFFICE BUILDING
$400,000
Change: +67% · Conversion: Moderate
Blend value · Realmo final
$295k
Range $266k – $325k · ±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
$98 / 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
$10,767
Tax year 2023
Assessed value
$216,200
Assessed 2024
Previous assessed
$195,100
+10.8% YoY
Effective rate
4.98%
On assessed value
Total market value
$432,400
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
3,000 SF
Lot
0.8 ac (34,848 SF)
Zoning code
MR
APN
71 007 04 0913 000
UPID
US43-1189726
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
MR · Canton, MIZoning MR · permitted uses
MR · Canton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
LE 11.00. - R-1 THROUGH R-5, SINGLE-FAMILY RESIDENTIAL DISTRICTS Expand ARTICLE 12.00. - R-6, SINGLE-FAMILY ATTACHED HOUSING DISTRICT ARTICLE 12.00. - R-6, SINGLE-FAMILY ATTACHED HOUSING DISTRICT Expand ARTICLE 13.00. - MR, MULTIPLE-FAMILY RESIDENTIAL DISTRICT ARTICLE 13.00. - MR, MULTIPLE-FAMILY RESIDENTIAL DISTRICT Expand ARTICLE 14.00. - RMH, MOBILE HOME PARK DISTRICT ARTICLE 14.00. - RMH, MOBILE HOME PARK DISTRICT Expand ARTICLE 15.00
Zone name
Multiple Family Residential
General category
RESIDENTIAL
Zone area
190.54 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$500,000
OFFICE BUILDING
Est. value
$400,000
COMMERCIAL (GENERAL)
OFFICE 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
1979
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
T & V Property LLC
Entity
Mailing address
40700 WOODWARD AVE STE #250, BLOOMFIELD HILLS, MI 48304-5111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Apr 1, 2011
—
T & V Property LLC
Red Run Properties LLC
Quit Claim Deed
related
$2,340,000 · First Michigan Bank
—
—
T & V Property LLC
—
Deed Of Trust
related
$1,000,000 · Level One Bank
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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