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Property profile & analytics
FOR SALE
Outlet malls
45300 Hayes Rd Macomb, MI 48044
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US43-0209094
For Sale
1 / 8
$4,845,000
45300 Hayes Rd, Macomb, MI 48044
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1987
Total area
45,238 SF
Lot
5.81 ac (253,171 SF)
Zoning code
C3
APN
20-08-31-300-011
UPID
US43-0209094
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
-
skfireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.85M
Blend (final)
Blend
$4.85M
Owner & transaction history
Mk Properties Macomb LLC · 4 yrs held
Mk Properties Macomb LLC
since 2022
6 recorded transactions
Zoning & alternative use
C3 · Macomb, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.4M
+35.9%
Medical building
$5.6M
+17.7%
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 Macomb submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macomb 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
RETAIL STORES
$4,720,000
Current use
RESTAURANT
$6,415,000
Change: +36% · Conversion: Easy
MEDICAL BUILDING
$5,555,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,650,000
Change: -1% · Conversion: Easy
OFFICE BUILDING
$4,290,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,890,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$4.85M
Range $4.36M – $5.33M · ±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
$107 / 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
$57,385
Tax year 2022
Assessed value
$1,701,500
Assessed 2023
Previous assessed
$1,625,000
+4.7% YoY
Effective rate
3.37%
On assessed value
Total market value
$3,403,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
1987
Heating
FORCED AIR
Stories
1
Total area
45,238 SF
Lot
5.81 ac (253,171 SF)
Zoning code
C3
APN
20-08-31-300-011
UPID
US43-0209094
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C3 · Macomb, MI
Zoning C3 · permitted uses
C3 · Macomb, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macomb. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.7M
RESTAURANT
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.9M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1987
Heating
FORCED AIR
Stories
1
Lot
5.81 ac
Current owner
From public records · entity-resolved
Mk Properties Macomb LLC
Entity
Mailing address
2600 W BIG BEAVER RD STE #410, TROY, MI 48084-3342
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
—
Mario Kiezi
—
Deed
related
$343,000 · Little Mack & Martin LLC
Mar 28, 2022
—
Mk Properties Macomb LLC
Hall Road Land Co LLC
Deed
$5,500,000 · Tri County Bank
Aug 27, 2021
—
Hall Road Land Co LLC
—
Deed
related
—
Dec 9, 2011
—
Hayes Lender LLC
—
Deed Of Trust
related
$14,540,000 · Comerica Bank
Oct 7, 2011
—
Hayes Lender LLC
Pmf-macomb Properties LLC
Grant Deed
—
—
—
Hayes Lender LLC
—
Deed Of Trust
related
$14,540,000 · Comerica 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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