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Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Auto shops
4840 Wyoming St, Dearborn, MI 48126-3723
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0941556
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1969
Total area
50,674 SF
Lot
4.64 ac (202,118 SF)
Zoning code
IC
APN
82 10 161 51 003
UPID
US43-0941556
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
$1.99M
Blend (final)
Blend
$1.99M
Owner & transaction history
The Detroit Salt Company Lc · 2 yrs held
The Detroit Salt Company Lc
since 2024
5 recorded transactions
Zoning & alternative use
IC · Dearborn, 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 Dearborn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dearborn 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
Blend value · Realmo final
$1.99M
Range $1.79M – $2.19M · ±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
$39 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$42,400
Tax year 2023
Assessed value
$781,500
Assessed 2024
Previous assessed
$741,600
+5.4% YoY
Effective rate
5.43%
On assessed value
Total market value
$1,563,000
Applied tax rate
82,030.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
50,674 SF
Lot
4.64 ac (202,118 SF)
Zoning code
IC
APN
82 10 161 51 003
UPID
US43-0941556
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
IC · Dearborn, MI
Zoning IC · permitted uses
IC · Dearborn, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dearborn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
4.64 ac
Current owner
From public records · entity-resolved
The Detroit Salt Company Lc
Entity
Free & Clear · 2 yrs held
Mailing address
12841 SANDERS ST, DETROIT, MI 48217-1407
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
—
The Detroit Salt Company Lc
Royal Trailer Land LLC
Quit Claim Deed
related
—
Feb 22, 2021
—
Royal Trailer Land LLC
—
Deed
related
—
Sep 7, 2017
—
Royal Trailer Land LLC
—
Loan Modification
related
$3,000,000 · Monroe Bk
Oct 22, 2012
—
Royal Trailer Land LLC
—
Deed Of Trust
related
$1,500,000 · Monroe Bank & Trust
—
—
Royal Trailer Land LLC
—
Deed Of Trust
related
$1,858,485 · Monroe Bank & Trust
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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