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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
455 Southfield Rd, Lincoln Park, MI 48146-2645
Entity Owned
~
Est. High Equity
Property ID
US43-0806102
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1971
Total area
2,481 SF
Lot
0.7 ac (30,492 SF)
APN
45 008 01 0023 001
UPID
US43-0806102
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
-
Western Union Bank Credit Union
-
Matthew Party Store Inc Party Supply Store (Bike/Boat/Book/etc) Store
-
Amazon Hub Counter - River Drive Market Courier Service Postal Service
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
Royalton Building LLC
Royalton Building LLC
since 2026
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 Lincoln Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln Park 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 2019Property tax & assessments
Tax year 2019
Tax billed
$6,569
Tax year 2019
Assessed value
$122,000
Assessed 2024
Previous assessed
$120,200
+1.5% YoY
Effective rate
5.38%
On assessed value
Total market value
$244,000
Applied tax rate
82,090.0000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Stories
1
Total area
2,481 SF
Lot
0.7 ac (30,492 SF)
APN
45 008 01 0023 001
UPID
US43-0806102
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
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
Year built
1971
Heating
FORCED AIR
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Royalton Building LLC
Entity
Mailing address
3126 FORSTER LN, SHELBY TOWNSHIP, MI 48316-3940
Ownership since
2026
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
Mar 4, 2026
$400,000
Royalton Building LLC
Matthew & Melissa LLC
Warranty Deed
—
Jan 21, 2026
—
Matthew & Melissa LLC
Matthew Party Store INC
Deed
related
—
Jan 5, 2026
—
Matthew & Melissa LLC
Matthew Party Store INC
Deed
related
—
Apr 23, 2024
—
Royalton Building LLC
Matthew & Melissa LLC
Land Contract
—
Aug 3, 2017
—
Matthew Party Store INC
Matthew & Melissa LLC
Quit Claim Deed
related
—
Jul 31, 2017
—
Matthew Melissa LLC
—
Deed
related
$87,000 · Downriver Community FCU
Feb 9, 2011
$130,000
Matthew & Melissa LLC
River Drive Market INC
Warranty Deed
—
Apr 20, 2010
—
River Drive Market INC
Foumia,badri & Samira
Quit Claim Deed
related
—
Apr 12, 2010
—
Matthew & Melissa LLC
River Drive Market INC
Grant Deed
—
—
—
Basel S Toye
—
Deed Of Trust
related
$130,000 · Remy K Toye
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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