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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
585 Auburn Ave Pontiac, MI 48342-3222
Individually Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1003611
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1968
Total area
2,272 SF
Lot
0.5 ac (21,780 SF)
Zoning code
BI
APN
64-14-28-484-024
UPID
US43-1003611
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
-
Sunoco Gas Station Auto Repair Shop
-
AUBURN & MARTIN MOBIL MART Grocery & Convenience Store
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
Najib Yousif · 22 yrs held
Najib Yousif
since 2004
7 recorded transactions
Zoning & alternative use
BI · Pontiac, 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 Pontiac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pontiac 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,260
Tax year 2023
Assessed value
$289,390
Assessed 2024
Previous assessed
$279,360
+3.6% YoY
Effective rate
4.93%
On assessed value
Total market value
$578,780
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1968
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,272 SF
Lot
0.5 ac (21,780 SF)
Zoning code
BI
APN
64-14-28-484-024
UPID
US43-1003611
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Pontiac, MI
Zoning BI · permitted uses
BI · Pontiac, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pontiac. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Najib Yousif
Individual
Mailing address
6590 TAMARACK DR, TROY, MI 48098-1923
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2021
—
Amanda Enterprises LLC
—
Deed
related
—
Feb 2, 2004
—
Najib Yousif
Yousf,najib & Joann
Quit Claim Deed
related
$185,000 · Fifth Third Bank Eastern Mi
Aug 21, 2003
—
Amanda Enterprises LLC
Yousif,najib & Joann
Quit Claim Deed
related
—
Feb 15, 2001
$300,000
Najib Yousif
Asante,kofi
Grant Deed
—
Jul 29, 1998
—
Kofi Asante
Yousif,najib & Joann
Quit Claim Deed
related
—
—
—
Amanda Enterprises LLC
—
Deed Of Trust
related
—
—
—
Majib Yousif
—
Deed Of Trust
related
$250,000 · Old Kent Bank
—
—
Amanda Enterprises LLC
—
Deed Of Trust
related
$685,000 · Community Bank Of Dearborn
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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