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Property profile & analytics
OFF-MARKET
Estimated value
$5,380,000
Commercial real estate
45825 Hayes Rd, Shelby Township, MI 48315-6216
Entity Owned
12-yr Hold
Free & Clear
Property ID
US43-0850271
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Total area
23,840 SF
Lot
6.45 ac (280,831 SF)
Zoning code
CK MAP
APN
23-07-36-426-003
UPID
US43-0850271
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
$5.38M
Blend (final)
Blend
$5.38M
Owner & transaction history
Bnr Group LLC · 12 yrs held
Bnr Group LLC
since 2014
7 recorded transactions
Zoning & alternative use
CK MAP · Shelby Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+2.4%
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 Shelby Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby Township 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
COMMERCIAL (GENERAL)
$3,300,000
Current use
RESTAURANT
$3,380,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$3,300,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$5.38M
Range $4.84M – $5.92M · ±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
$226 / 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
$75,585
Tax year 2022
Assessed value
$2,709,500
Assessed 2023
Previous assessed
$2,722,900
-0.5% YoY
Effective rate
2.79%
On assessed value
Total market value
$5,419,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Stories
1
Total area
23,840 SF
Lot
6.45 ac (280,831 SF)
Zoning code
CK MAP
APN
23-07-36-426-003
UPID
US43-0850271
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
CK MAP · Shelby Township, MI
Zoning CK MAP · permitted uses
CK MAP · Shelby Township, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelby Township. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.3M
RESTAURANT
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
2005
Heating
FORCED AIR
Stories
1
Lot
6.45 ac
Current owner
From public records · entity-resolved
Bnr Group LLC
Entity
Free & Clear · 12 yrs held
Mailing address
24615 FAIRMOUNT DR, DEARBORN, MI 48124-1598
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2019
—
Bnr Group LLC
—
Deed
related
$4,125,000 · Vibe Cu
Oct 6, 2016
—
Bnr Group LLC
—
Deed
related
$2,000,000 · Vibe Cu
Mar 20, 2014
—
Bnr Group LLC
A10 Fund-lifestyle Center LLC
Grant Deed
—
Jan 25, 2011
$1,700,000
A10 Fund-lifestyle Center LLC
Sheriff Of Macomb County
Trustees Deed
related
—
Dec 4, 2007
—
Bisla-lifestyle Center LLC
1031 Lifestyle Center LLC
Grant Deed
—
Oct 16, 2007
—
Katz-lifestyle Center LLC
For 1031 Lifestyle Center LLC
Grant Deed
—
Sep 24, 2007
—
Ventura-lifestyle Center LLC
For 1031 Lifestyle Center LLC
Grant Deed
—
Sep 17, 2007
—
Herian-lifestyle Center LLC
1031 Lifestyle Center LLC
Grant Deed
related
—
Sep 11, 2007
—
Brodley-lifestyle Center LLC
Lifestyle Center LLC
Quit Claim Deed
related
—
Aug 24, 2007
—
Ward-lifestyle Center LLC
For 1031 Lifestyle Center LLC
Grant Deed
$6,072,500 · Bridger Commercial Funding LLC
—
—
Bnr Group LLC
—
Deed Of Trust
related
$2,000,000 · Vibe Cu
—
—
Bnr Group LLC
—
Loan Modification
related
$4,125,000 · Vibe Cu
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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