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Property profile & analytics
OFF-MARKET
Office buildings
6531 Park Ave Allen Park, MI 48101-2029
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-1237430
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Total area
1,060 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C 5
APN
30 012 02 0225 000
UPID
US43-1237430
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
-
Excel RP Inc Engineer
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
Spa Building Management LLC · 1 yrs held
Spa Building Management LLC
since 2025
Last sale
$227,500
7 recorded transactions
Zoning & alternative use
C 5 · Allen Park, 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 Allen Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allen Park 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
$3,052
Tax year 2023
Assessed value
$80,400
Assessed 2024
Previous assessed
$75,700
+6.2% YoY
Effective rate
3.80%
On assessed value
Total market value
$160,800
Applied tax rate
82,020.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
1,060 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C 5
APN
30 012 02 0225 000
UPID
US43-1237430
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C 5 · Allen Park, MI
Zoning C 5 · permitted uses
C 5 · Allen Park, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allen Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Spa Building Management LLC
Entity
Mailing address
6531 PARK AVE, ALLEN PARK, MI 48101-2029
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2025
$227,500
Spa Building Management LLC
Patriot Real Estate Investments LLC
Deed
$187,500 · Not Available
Jun 30, 2023
—
Patriot Real Estate Investments LLC
Patriot Security Enterprise LLC
Quit Claim Deed
related
—
May 12, 2023
$100,000
Patriot Security Enterprise LLC
Ccc Real Estate Holding Company LLC
Warranty Deed
$96,000 · Brianna Harper Etal
Nov 21, 2022
—
Ccc Real Estate Holding Co LLC
Newtek Small Business Finance LLC
Quit Claim Deed
related
—
Nov 14, 2022
$404,339
Newtek Small Business Finance LLC
Kevin A Foley
Deed In Lieu Of Foreclosure
related
—
Jun 21, 2021
—
Kevin Foley
Grant Foley
Intrafamily Transfer
related
—
Feb 1, 2018
—
Grant Foley
Foley,kevin & Joann
Quit Claim Deed
related
—
Oct 2, 2017
—
Kevin A Foley
—
Deed
related
$400,000 · Newtek Small Busn Fin
—
—
Kevin Foley
—
Deed Of Trust
related
$500,000 · Newtek Small Busn Fin
—
—
Kevin Foley
—
Deed Of Trust
related
$200,000 · Peoples State Bank
—
—
Kevin Foley
—
Deed Of Trust
related
$521,000 · Newtek Small Business Finance
—
—
Kevin A Foley
—
Deed Of Trust
related
$400,000 · Newtek Small Busn Fin
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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