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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Banks
6200 Vernor Hwy Detroit, MI 48209-2064
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-3599571
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2006
Total area
22,273 SF
Lot
1.43 ac (62,291 SF)
APN
16000717-25
UPID
US43-3599571
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
-
PNC Mortgage Loan Service Bank
-
PNC Bank Bank Loan Service
-
PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.70M
Owner & transaction history
Aft Ventures LLC · 12 yrs held
Aft Ventures LLC
since 2014
7 recorded transactions
Zoning & alternative use
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±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
$76 / 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
$65,246
Tax year 2020
Assessed value
$826,800
Assessed 2024
Previous assessed
$792,100
+4.4% YoY
Effective rate
7.89%
On assessed value
Total market value
$1,653,600
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
22,273 SF
Lot
1.43 ac (62,291 SF)
APN
16000717-25
UPID
US43-3599571
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.43 ac
Current owner
From public records · entity-resolved
Aft Ventures LLC
Entity
Mailing address
25245 5TH MILE RD STE 1W, REDFORD, MI 48239-3711
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Apr 25, 2022
—
Aft Ventures LLC
—
Deed
related
$3,775,000 · Lake Trust Cu
Feb 27, 2018
—
Aft Investments LLC
—
Deed
related
$100,000 · Community Choice Cu
Feb 26, 2018
—
Aft Investments LLC
—
Grant Deed
related
$2,363,111 · Community Choice Cu
May 5, 2014
—
Aft Ventures LLC
Aft Investments LLC
Quit Claim Deed
related
$1,300,000 · Community Choice Cu
Jun 6, 2013
$1,600,534
Aft Investments LLC
Deputy Sheriff Of Wayne County|express Service Ent
Trustees Deed
—
Feb 19, 2009
—
Vernor Crossing LLC
—
Loan Modification
related
$2,550,000 · Flagstar Bk
Jan 29, 2007
—
Vernor Crossing LLC
Express Service Ents INC
Quit Claim Deed
related
$1,400,000 · Flagstar Bk
—
—
Aft Ventures LLC
—
Deed Of Trust
related
$175,000 · Community Choice Cu
—
—
Aft Investments LLC
—
Deed Of Trust
related
$700,000 · Majid Koza
—
—
Aft Investments LLC
—
Deed Of Trust
related
$100,000 · Community Choice Cu
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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