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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Flex space
45 Rose St Mount Clemens, MI 48043-2179
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US43-0056867
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1997
Total area
6,400 SF
Lot
0.7 ac (30,361 SF)
Zoning code
L-1
APN
05-11-15-230-006
UPID
US43-0056867
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
$603k
Blend (final)
Blend
$605k
Owner & transaction history
Rbc Properties · 21 yrs held
Rbc Properties
since 2004
3 recorded transactions
Zoning & alternative use
L-1 · Mount Clemens, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$905,000
+117.5%
Medical building
$785,000
+88.4%
Commercial (general)
$660,000
+57.7%
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 Mount Clemens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Clemens 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
INDUSTRIAL (GENERAL)
$415,000
Current use
RESTAURANT
$905,000
Change: +117% · Conversion: Difficult
MEDICAL BUILDING
$785,000
Change: +88% · Conversion: Difficult
COMMERCIAL (GENERAL)
$660,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$560,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$550,000
Change: +32% · Conversion: Easy
WAREHOUSE, STORAGE
$430,000
Change: +3% · Conversion: Easy
OFFICE BUILDING
$380,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$95 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$12,269
Tax year 2022
Assessed value
$262,700
Assessed 2023
Previous assessed
$253,000
+3.8% YoY
Effective rate
4.67%
On assessed value
Total market value
$525,400
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Stories
1
Total area
6,400 SF
Lot
0.7 ac (30,361 SF)
Zoning code
L-1
APN
05-11-15-230-006
UPID
US43-0056867
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
L-1 · Mount Clemens, MI
Zoning L-1 · permitted uses
L-1 · Mount Clemens, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Clemens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$415,000
RESTAURANT
Est. value
$905,000
MEDICAL BUILDING
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$660,000
RETAIL STORES
Est. value
$560,000
AUTO REPAIR, GARAGE
Est. value
$550,000
WAREHOUSE, STORAGE
Est. value
$430,000
OFFICE BUILDING
Est. value
$380,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1997
Heating
FORCED AIR
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Rbc Properties
Entity
Mailing address
45 S ROSE ST, MOUNT CLEMENS, MI 48043-2179
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2004
$412,000
Rbc Properties
Festian,thomas J
Warranty Deed
—
—
—
Rbc Properties
—
Deed Of Trust
related
$329,515 · National City Bank Midwest
—
—
Rbc Properties
—
Deed Of Trust
related
$329,515 · National City Bank Midwest
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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