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Property profile & analytics
OFF-MARKET
Auto shops
440 Villa Dr, Ypsilanti, MI 48198-3535
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1379587
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Total area
960 SF
Lot
15 ac (653,400 SF)
APN
K -11-04-200-013
UPID
US43-1379587
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
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
Vtp A1 LP · 5 yrs held
Vtp A1 LP
since 2020
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 Ypsilanti submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ypsilanti 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 2024Property tax & assessments
Tax year 2024
Assessed value
$6,604,500
Assessed 2024
Previous assessed
$6,604,500
+0.0% YoY
Total market value
$13,209,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
NONE
Cooling
NONE
Total area
960 SF
Lot
15 ac (653,400 SF)
APN
K -11-04-200-013
UPID
US43-1379587
Jurisdiction
WASHTENAW
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
NONE
Cooling
Yes
Lot
15 ac
Current owner
From public records · entity-resolved
Vtp A1 LP
Entity
Mailing address
920 E COUNTY LINE RD STE #103, LAKEWOOD, NJ 08701-2089
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2020
—
Vtp A1 LP
Arbor One 18 LLC
Grant Deed
$23,505,000 · Berkadia Com'l Mtg
Jun 29, 2018
—
Arbor One 18 LLC
Cpi Apartment Fund 18 LLC
Grant Deed
related
$17,250,000 · Benefit Street Ptrs Realty Ope
Oct 15, 2013
—
Cpi Apartment Fund 18 LLC
Erie Investments No 13 LLC
Deed
—
Aug 13, 2012
$2,332,000
Erie Investments 13 LLC
Deputy Sheriff Of Washtenaw Cnty
Trustees Deed
related
—
Jan 24, 2007
—
Next Door Apartments-villa Dri
Northern Source LLC
Quit Claim Deed
related
—
Jan 22, 2007
—
Next Door Apartments-villa Dri
Ypsilanti I
Quit Claim Deed
related
$5,677,000 · Citizens Federal Bank Fsb
Jun 8, 2000
—
Ypsilanti I LP
Ypsilanti I LLC
Quit Claim Deed
related
$7,367,800 · Gmac Commercial Mortgage Corp
May 10, 2000
—
Ypsilanti I LLC
Lfv Associates LP
Grant Deed
$3,500,000 · Bank One Michigan
—
—
Erie Investments 13 LLC
—
Deed Of Trust
related
$2,331,028 · Bank Of Ann Arbor
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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