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Property profile & analytics
OFF-MARKET
Estimated value
$8,810,000
Strip malls
4861 Beck Rd Canton, MI 48188-2203
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1298688
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Total area
81,441 SF
Lot
14.66 ac (638,590 SF)
Zoning code
RR
APN
71 131 99 0003 702
UPID
US43-1298688
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
$8.81M
Blend (final)
Blend
$8.81M
Owner & transaction history
Alliance Of Canton Developer Parcel · 4 yrs held
Alliance Of Canton Developer Parcel
since 2022
3 recorded transactions
Zoning & alternative use
RR · Canton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RTICLE 8.00. - ESTABLISHMENT OF ZONING DISTRICTS AND MAP Expand ARTICLE 9.00. - RA, RURAL AGRICULTURAL DISTRICT ARTICLE 9.00. - RA, RURAL AGRICULTURAL DISTRICT Expand ARTICLE 10.00. - RE, RESIDENTIAL ESTATE DISTRICT AND RR, RURAL RESIDENTIAL DISTRICT ARTICLE 10.00. - RE, RESIDENTIAL ESTATE DISTRICT AND RR, RURAL RESIDENTIAL DISTRICT Expand ARTICLE 11.00. - R…
Zone name
Rural Residential
General category
RESIDENTIAL
Zone area
324.98 ac
Top alternative use upside
Commercial (general)
$13.6M
+110.2%
Office building
$10.8M
+67.2%
Auto repair, garage
$8.9M
+38.0%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
NEIGHBORHOOD: SHOPPING CENTER
$6,480,000
Current use
COMMERCIAL (GENERAL)
$13,620,000
Change: +110% · Conversion: Easy
OFFICE BUILDING
$10,835,000
Change: +67% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,940,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$8,745,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$7,925,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$8.81M
Range $7.93M – $9.69M · ±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
$108 / 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
$299,575
Tax year 2023
Assessed value
$6,584,100
Assessed 2024
Previous assessed
$6,092,600
+8.1% YoY
Effective rate
4.55%
On assessed value
Total market value
$13,168,200
Applied tax rate
82,160.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
81,441 SF
Lot
14.66 ac (638,590 SF)
Zoning code
RR
APN
71 131 99 0003 702
UPID
US43-1298688
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
RR · Canton, MIZoning RR · permitted uses
RR · Canton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RTICLE 8.00. - ESTABLISHMENT OF ZONING DISTRICTS AND MAP Expand ARTICLE 9.00. - RA, RURAL AGRICULTURAL DISTRICT ARTICLE 9.00. - RA, RURAL AGRICULTURAL DISTRICT Expand ARTICLE 10.00. - RE, RESIDENTIAL ESTATE DISTRICT AND RR, RURAL RESIDENTIAL DISTRICT ARTICLE 10.00. - RE, RESIDENTIAL ESTATE DISTRICT AND RR, RURAL RESIDENTIAL DISTRICT Expand ARTICLE 11.00. - R-1 THROUGH R-5, SINGLE-FAMILY RESIDENTIAL DISTRICTS ARTICLE 11.00. - R-1 THROUGH R
Zone name
Rural Residential
General category
RESIDENTIAL
Zone area
324.98 ac
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$13.6M
OFFICE BUILDING
Est. value
$10.8M
AUTO REPAIR, GARAGE
Est. value
$8.9M
RETAIL STORES
Est. value
$8.7M
MEDICAL BUILDING
Est. value
$7.9M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL 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
2007
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
14.66 ac
Current owner
From public records · entity-resolved
Alliance Of Canton Developer Parcel
Individual
Mailing address
28470 W 13TH MILE RD STE #220, FARMINGTON HILLS, MI 48334-5400
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
—
Alliance Of Canton Developer Parcel
—
Deed
related
$12,500,000 · Jpmorgan Chase Bank NA
May 17, 2010
—
Equity Alliance Of Canton Develop
—
Grant Deed
related
$31,704,290 · Rbs Citizens Bank NA
—
—
Equity Alliance Of Canton Develop
—
Deed Of Trust
related
$14,625,000 · Ubs Real Estate Securities INC
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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