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Property profile & analytics
OFF-MARKET
Estimated value
$4,250,000
Assisted living facilities
4444 Trumbull St, Detroit, MI 48208-2931
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1507379
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Total area
37,008 SF
Lot
1.81 ac (78,844 SF)
Zoning code
PD
APN
06005947-54
UPID
US43-1507379
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
$4.25M
Owner & transaction history
4444 Trumbull LLC · 1 yrs held
4444 Trumbull LLC
since 2025
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
PD · Detroit, MI
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 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
$4,655,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,445,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,320,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$2,995,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,800,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.25M
Range $3.83M – $4.68M · ±10% · vs last sale $4.25M (Mar 21 2025)
Last sale anchor
$4.25M
Mar 21 2025
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
$115 / 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
$52,664
Tax year 2020
Assessed value
$1,220,600
Assessed 2024
Previous assessed
$1,033,200
+18.1% YoY
Effective rate
4.31%
On assessed value
Total market value
$2,441,200
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Buildings
2
Stories
2
Total area
37,008 SF
Lot
1.81 ac (78,844 SF)
Zoning code
PD
APN
06005947-54
UPID
US43-1507379
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
PD · Detroit, MI
Zoning PD · permitted uses
PD · 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
RESTAURANT
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.8M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1997
Heating
FORCED AIR
Stories
2
Buildings
2
Lot
1.81 ac
Current owner
From public records · entity-resolved
4444 Trumbull LLC
Entity
Mailing address
444 HORTON ST, DETROIT, MI 48202-3116
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
$4,250,000
4444 Trumbull LLC
New North Estates LLC
Warranty Deed
$4,132 · Local Initiatves Support Corporatio
Jun 20, 2024
—
New North Estates LLC
—
Deed
related
$450,000 · Skid Lending LLC
Jul 11, 2022
$2,535,000
New North Estates LLC
Ace Investment Group 2 LLC
Warranty Deed
$2,625,000 · Arion Fund LLC
Nov 12, 2015
—
Ace Investment Group 2 LLC
Jackson Ace Investment LLC
Quit Claim Deed
related
$1,185,000 · Cbre Cap Markets
Sep 24, 2015
—
Jackson Ace Investment LLC
Ace Investment Group LLC
Quit Claim Deed
related
—
Apr 23, 2014
—
Ace Investment Group LLC
Michigan St Hsng Dev Auth
Quit Claim Deed
related
$777,000 · Lone Pine Investments II LLC
Mar 11, 2013
$1,333,799
St Hsng Dev Auth Michigan
Deputy Sheriff Of Wayne County
Trustees Deed
related
—
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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