Back to Search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
6349 Lapeer Rd Kimball, MI 48074-1207
Entity Owned
1-yr Hold
Free & Clear
Property ID
US43-4559896
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Total area
3,030 SF
Lot
2.53 ac (110,207 SF)
Zoning code
C-2 COMM
APN
74-25-004-1001-000
UPID
US43-4559896
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
-
Harbor Xpress (Bike/Boat/Book/etc) Store Wine and Liquor 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
Red Barn Property 19 LLC · 1 yrs held
Red Barn Property 19 LLC
since 2024
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
C-2 COMM · Kimball, 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 Kimball submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kimball 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
$14,343
Tax year 2023
Assessed value
$348,300
Assessed 2024
Previous assessed
$338,600
+2.9% YoY
Effective rate
4.12%
On assessed value
Total market value
$696,600
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
FORCED AIR
Stories
1
Total area
3,030 SF
Lot
2.53 ac (110,207 SF)
Zoning code
C-2 COMM
APN
74-25-004-1001-000
UPID
US43-4559896
Jurisdiction
SAINT CLAIR
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C-2 COMM · Kimball, MIZoning C-2 COMM · permitted uses
C-2 COMM · Kimball, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Lot
2.53 ac
Current owner
From public records · entity-resolved
Red Barn Property 19 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6349 LAPEER RD, KIMBALL, MI 48074-1207
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2024
$2,449,999
Red Barn Property 19 LLC
Xpress Properties LLC
Warranty Deed
—
Oct 8, 2024
—
Property 19 LLC
—
Deed
related
$2,184,000 · First State Bank
Jan 14, 2020
—
Xpress Properties LLC
—
Deed
related
—
May 22, 2019
—
Xpress Properties LLC
Harbor Xpress LLC
Quit Claim Deed
related
—
Aug 28, 2018
—
Harbor Xpress LLC
Akl,ashley & Antoin
Quit Claim Deed
related
—
Jan 4, 2018
$50,000
Antoin Akl
Jeck LLC
Warranty Deed
—
Mar 15, 2007
$70,000
Jeck LLC
Star Holdings INC
Warranty Deed
—
—
—
Xpress Properties LLC
—
Deed Of Trust
related
—
—
—
Star Holdings INC
—
Deed Of Trust
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6349 Lapeer Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
