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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Grocery and convenience stores
4407 Ft St, Trenton, MI 48183-4162
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1921831
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1988
Total area
10,640 SF
Lot
1.54 ac (67,082 SF)
Zoning code
RM-1
APN
54 021 99 0007 703
UPID
US43-1921831
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
$1.35M
Blend (final)
Blend
$1.35M
Owner & transaction history
4407 Fort Station LLC · 1 yrs held
4407 Fort Station LLC
since 2025
7 recorded transactions
Zoning & alternative use
RM-1 · Trenton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+52.9%
Medical building
$1.0M
+18.4%
Office building
$935,000
+10.3%
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 Trenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trenton 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
NEIGHBORHOOD: SHOPPING CENTER
$845,000
Current use
COMMERCIAL (GENERAL)
$1,295,000
Change: +53% · Conversion: Easy
MEDICAL BUILDING
$1,000,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$935,000
Change: +10% · Conversion: Moderate
RETAIL STORES
$875,000
Change: +3% · Conversion: Easy
RESTAURANT
$820,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$126 / 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
$33,275
Tax year 2023
Assessed value
$476,100
Assessed 2024
Previous assessed
$431,100
+10.4% YoY
Effective rate
6.99%
On assessed value
Total market value
$952,200
Applied tax rate
82,155.0000
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
1988
Heating
FORCED AIR
Stories
1
Total area
10,640 SF
Lot
1.54 ac (67,082 SF)
Zoning code
RM-1
APN
54 021 99 0007 703
UPID
US43-1921831
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
RM-1 · Trenton, MI
Zoning RM-1 · permitted uses
RM-1 · Trenton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trenton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$935,000
RETAIL STORES
Est. value
$875,000
RESTAURANT
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
RESTAURANT
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
1988
Heating
FORCED AIR
Stories
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
4407 Fort Station LLC
Entity
Mailing address
4407 FT ST, TRENTON, MI 48183-4162
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2025
$625,000
4407 Fort Station LLC
4407 Fort Station LLC
Warranty Deed
related
—
Feb 13, 2025
—
Fort & Van Horn Property LLC
—
Deed
related
$75,000 · Ahmad Jaber Etal
Dec 6, 2022
—
Cambridge Oil
—
Deed
related
—
Nov 22, 2022
—
4407 Fort Street LLC
4407 Fort Station LLC
Land Contract
—
Oct 25, 2022
—
Ahl Investments LLC
4407 Fort LLC
Assignment Of Agreement Of Sale
—
Mar 2, 2016
—
Ahl Investments LLC
4407 Fort LLC
Quit Claim Deed
—
Oct 15, 2014
—
4407 Fort LLC
Ray Fakhoury INC
Quit Claim Deed
related
—
Jul 27, 2005
—
Ray Fakhoury Ent INC
Fakhoury,ray A & Rose
Quit Claim Deed
related
$1,000,000 · Warren Bank
—
—
Ray Fakhoury Ent INC
—
Deed Of Trust
related
$2,000,000 · Warren Bank
—
—
Ray Fakhoury Ent INC
—
Deed Of Trust
related
$2,182,000 · Warren 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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