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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Commercial real estate
51400 County Line Rd New Baltimore, MI 48047-1205
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US43-0794921
Property summary
AI-generated overview
This exceptional 1,600 square foot retail space in New Baltimore, Michigan, presents a unique opportunity for a new business venture. Located at 51400 County Line Rd, 48047, this Class C property is situated in Macomb County and offers a fully built-out smoothie bar. The space is currently vacant and ready for immediate occupancy. Its prime location offers high visibility and convenient access from County Line Road, with ample parking available. The building itself is well-maintained and presents an attractive exterior. The property's strategic placement next to Anytime Fitness and All Star Sport Center provides significant foot traffic and potential synergy for fitness-related businesses or other complementary enterprises. This turnkey solution eliminates the need for extensive build-out, allowing for a faster and more cost-effective launch. The multiple tenancy structure offers flexibility and potential for expansion. This thriving area presents a dynamic market for a variety of businesses seeking a well-established location with high visibility and convenient access. Seize this chance to establish your business in a flourishing community.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1981
Total area
22,616 SF
Lot
3.07 ac (133,729 SF)
Zoning code
GC
APN
06-15-18-101-012
UPID
US43-0794921
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
-
All Star Sports Center Gym & Fitness Center Sports Field & Court
-
Juice the smoothie bar Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Anytime Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.74M
Owner & transaction history
Ammori County Line LLC · 10 yrs held
Ammori County Line LLC
since 2016
7 recorded transactions
Zoning & alternative use
GC · New Baltimore, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.8M
+19.5%
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 New Baltimore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Baltimore 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)
$2,325,000
Current use
MEDICAL BUILDING
$2,780,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$2,145,000
Change: -8% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,945,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±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
$77 / 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
$19,712
Tax year 2022
Assessed value
$651,400
Assessed 2023
Previous assessed
$608,300
+7.1% YoY
Effective rate
3.03%
On assessed value
Total market value
$1,302,800
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
1981
Heating
FORCED AIR
Stories
1
Total area
22,616 SF
Lot
3.07 ac (133,729 SF)
Zoning code
GC
APN
06-15-18-101-012
UPID
US43-0794921
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
GC · New Baltimore, MI
Zoning GC · permitted uses
GC · New Baltimore, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Baltimore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1981
Heating
FORCED AIR
Stories
1
Lot
3.07 ac
Current owner
From public records · entity-resolved
Ammori County Line LLC
Entity
Mailing address
45138 CASS AVEA, UTICA, MI 48317-5507
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2022
—
Ammori County Lind LLC
—
Deed
related
$1,000,000 · Michigan Schools & Government Cu
Apr 19, 2016
$410,000
Ammori County Line LLC
Palms Land Development LLC
Warranty Deed
$860,000 · Pnc Bank NA
Apr 19, 2016
$383,950
Charter One
Sheriff Of Macomb County
Grant Deed
—
Mar 15, 2011
—
Ammori County Line LLC
Palms Land Dev LLC
Grant Deed
related
—
Apr 5, 2010
$400,000
Palms Land Dev LLC
Clubhouse LLC
Warranty Deed
—
Oct 26, 2009
$370,000
One Charter
Sheriff Of Macomb County
Trustees Deed
related
—
Sep 25, 2006
—
Clubhouse LLC
Osterman,john & Sandra K
Quit Claim Deed
related
$1,000,000 · Charter One Bank
—
—
John Osterman
—
Deed Of Trust
related
$3,000,000 · Comerica Bank
—
—
John Osterman
—
Deed Of Trust
related
$1,250,000 · Comerica Bank
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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