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Property profile & analytics
OFF-MARKET
Retail space
4725 Davison St Hamtramck, MI 48212-1748
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-4749459
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Total area
1,650 SF
Lot
0.06 ac (2,614 SF)
Zoning code
B4
APN
13007581.
UPID
US43-4749459
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thomas Leon JR. · 11 yrs held
Thomas Leon JR.
since 2015
6 recorded transactions
Zoning & alternative use
B4 · Hamtramck, MI
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 Hamtramck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamtramck 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 2020Property tax & assessments
Tax year 2020
Tax billed
$1,116
Tax year 2020
Assessed value
$26,200
Assessed 2024
Previous assessed
$23,000
+13.9% YoY
Effective rate
4.26%
On assessed value
Total market value
$52,400
Applied tax rate
82,010.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
1
Total area
1,650 SF
Lot
0.06 ac (2,614 SF)
Zoning code
B4
APN
13007581.
UPID
US43-4749459
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B4 · Hamtramck, MIZoning B4 · permitted uses
B4 · Hamtramck, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 155: ZONING
Building & site characteristics
From public records
Year built
1923
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Thomas Leon JR.
Individual
Free & Clear · 11 yrs held
Mailing address
19440 FENMORE ST, DETROIT, MI 48235-2253
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jan 26, 2015
$3,000
Thomas Leon JR.
Anderson Demetrius
Quit Claim Deed
related
—
Nov 16, 2012
$500
Demetrius Anderson
Treasurer Of Charter Cnty/wayne M
Quit Claim Deed
related
—
Sep 12, 2012
—
Treasurer Of Wayne County
Owner Name Unavailable
Tax Deed
related
—
Jun 15, 2009
—
Investors Network Fund LLC
Borrowers Network LLC
Quit Claim Deed
related
—
Mar 24, 2009
—
Investors Network Fund LLC
Borrowers Network LLC
Quit Claim Deed
related
—
Apr 11, 2008
—
Borrowers Network LLC
Cacaj,gjon
Deed In Lieu Of Foreclosure
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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