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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
45844 Gratiot Ave, Macomb, MI 48042-5509
Entity Owned
5-yr Hold
Free & Clear
Property ID
US43-5279217
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1998
Total area
2,384 SF
Lot
0.87 ac (38,028 SF)
Zoning code
C4
APN
20-08-36-429-001
UPID
US43-5279217
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
-
Mobil Gas Station
-
Car Hub Auto Spa Car Wash
-
Pitstop Market Grocery & Convenience Store
-
BudgetCoinz Bitcoin ATM Atm
-
GetCoins Bitcoin ATM Crypto Atm
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
Eddie Jawad Family LLC · 5 yrs held
Eddie Jawad Family LLC
since 2020
Last sale
$18,408
7 recorded transactions
Zoning & alternative use
C4 · Macomb, 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 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
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 2022Property tax & assessments
Tax year 2022
Tax billed
$14,257
Tax year 2022
Assessed value
$354,500
Assessed 2023
Previous assessed
$354,200
+0.1% YoY
Effective rate
4.02%
On assessed value
Total market value
$709,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Stories
1
Total area
2,384 SF
Lot
0.87 ac (38,028 SF)
Zoning code
C4
APN
20-08-36-429-001
UPID
US43-5279217
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C4 · Macomb, MI
Zoning C4 · permitted uses
C4 · 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.
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Eddie Jawad Family LLC
Entity
Free & Clear · 5 yrs held
Mailing address
46820 NN AVE, MACOMB, MI 48042-5256
Ownership since
2020
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
Nov 13, 2020
—
Eddie Jawad Family LLC
Jawad Land Dev LLC
Quit Claim Deed
related
—
Oct 11, 2007
—
Jawad Land Dev LLC
Michael J Sloan & Associates
Quit Claim Deed
related
$1,000,000 · Fifth Third Bank
Sep 10, 2007
$18,408
East Chester Properties LLC
Wahby,ted B
Grant Deed
—
Dec 13, 2004
—
East Chester Properties LLC
3-m Ents LLC
Warranty Deed
$799,900 · Comerica Bank
—
—
3 M Enterprises
—
Deed Of Trust
related
$200,000 · Tri County Petroleum
—
—
Jawad Land Dev LLC
—
Deed Of Trust
related
$2,600,000 · First State Bank
—
—
East Chester Properties LLC
—
Deed Of Trust
related
$150,000 · Corrigan Oil Co #ii
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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