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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Auto shops
5775 Dixie Hwy, Waterford, MI 48329-1623
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-0105461
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1987
Total area
7,553 SF
Lot
1.3 ac (56,628 SF)
Zoning code
BI
APN
W -13-04-108-024
UPID
US43-0105461
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
$919k
Blend (final)
Blend
$920k
Owner & transaction history
Bazco Holdings LLC · 1 yrs held
Bazco Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
BI · Waterford, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+81.2%
Restaurant
$1.3M
+78.8%
Medical building
$1.2M
+63.1%
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 Waterford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterford 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
$865,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$730,000
Current use
COMMERCIAL (GENERAL)
$1,325,000
Change: +81% · Conversion: Moderate
RESTAURANT
$1,305,000
Change: +79% · Conversion: Difficult
MEDICAL BUILDING
$1,190,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$770,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$705,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$660,000
Change: -10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$610,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$122 / 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
$17,748
Tax year 2023
Assessed value
$469,680
Assessed 2024
Previous assessed
$413,140
+13.7% YoY
Effective rate
3.78%
On assessed value
Total market value
$939,360
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
1987
Heating
GAS
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
7,553 SF
Lot
1.3 ac (56,628 SF)
Zoning code
BI
APN
W -13-04-108-024
UPID
US43-0105461
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Waterford, MI
Zoning BI · permitted uses
BI · Waterford, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
RESTAURANT
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$770,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$705,000
OFFICE BUILDING
Est. value
$660,000
INDUSTRIAL (GENERAL)
Est. value
$610,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1987
Heating
GAS
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Bazco Holdings LLC
Entity
Mailing address
5775 DIXIE HWY, WATERFORD, MI 48329-1623
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
—
Bazco Holdings LLC
—
Deed
related
$8,000,000 · Bazco Enterprises INC
Jun 18, 2025
—
Bazco Holdings LLC
Waterford Properties LLC
Warranty Deed
$3,000,000 · Bazco Enterprises INC
Jan 17, 2020
$700,000
Waterford Properties LLC
Top Dog Property LLC
Warranty Deed
$700,000 · Credit Union One
Aug 3, 2016
—
Waterford Properties LLC
Top Dog Property LLC
Grant Deed
—
Aug 31, 2011
—
Top Dog Property LLC
Waterford Ent LLC
Quit Claim Deed
related
—
Jan 10, 2011
—
Waterford Ents LLC
Top Dog Property LLC
Deed In Lieu Of Foreclosure
related
$385,000 · Bank Of Birmingham
Nov 10, 2005
$1,000,000
Top Dog Property LLC
Blue Ribbon Properties LLC
Warranty Deed
$1,000,000 · Brighton Commerce Bank
Mar 4, 2004
$1,400,000
Blue Ribbon Properties LLC
Sunoco INC
Grant Deed
$1,050,000 · Brighton Commerce Bank
—
—
Top Dog Property LLC
—
Deed Of Trust
related
$560,000 · Hantz Bank
—
—
Blue Ribbon Properties LLC
—
Deed Of Trust
related
$1,050,000 · Brighton Commerce 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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