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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Medical Office Space
6200 Cadieux Rd, Detroit, MI 48224-3812
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1017453
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1957
Total area
1,960 SF
Lot
0.1 ac (4,356 SF)
Zoning code
B2
APN
21075069.
UPID
US43-1017453
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
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
Ghailan Pady · 2 yrs held
Ghailan Pady
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
B2 · Detroit, 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 Detroit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Detroit 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Feb 14 2024)
Last sale anchor
$1.00M
Feb 14 2024
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
$510 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$3,916
Tax year 2020
Assessed value
$31,400
Assessed 2024
Previous assessed
$45,600
-31.1% YoY
Effective rate
12.47%
On assessed value
Total market value
$62,800
Applied tax rate
82,010.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1957
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
1,960 SF
Lot
0.1 ac (4,356 SF)
Zoning code
B2
APN
21075069.
UPID
US43-1017453
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B2 · Detroit, MI
Zoning B2 · permitted uses
B2 · Detroit, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Detroit. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Ghailan Pady
Individual
Free & Clear · 2 yrs held
Mailing address
4984 CABOT ST, DETROIT, MI 48210-2096
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2024
—
Ghailan Pady
Home Gp 2021 LLC
Intrafamily Transfer
related
—
Nov 11, 2022
$122,000
Home Gp 2021 LLC
County Of Wayne
Public Action
related
—
Aug 24, 2016
$1,000,000
Emmi Management LLC
Shanta Corp
Warranty Deed
—
Jan 13, 2011
—
Corporation,shanta
—
Deed Of Trust
related
$3,172,812 · Green Mountain Finance Fund
Feb 22, 2010
—
St Annes Convalescent Center
—
Grant Deed
related
$3,172,812 · Green Mountain Finance Fund
Feb 3, 2009
—
St Annes Convalescent Center
—
Grant Deed
related
$3,110,600 · Green Mountain Finance Fund
—
—
Shanta Corp
—
Deed Of Trust
related
$303,891 · Shanta Mali
—
—
Shanta Corp
—
Deed Of Trust
related
$2,756,062 · Green Mountain Finance Fund
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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