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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
6587 Wayne Rd Romulus, MI 48174-1751
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0304483
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1979
Total area
2,846 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C1-LOCL
APN
80 020 99 0016 000
UPID
US43-0304483
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jjs Car Wash & Detailing LLC · 4 yrs held
Jjs Car Wash & Detailing LLC
since 2022
Last sale
$155,000
6 recorded transactions
Zoning & alternative use
C1-LOCL · Romulus, 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 Romulus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Romulus 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
$5,669
Tax year 2023
Assessed value
$78,100
Assessed 2024
Previous assessed
$72,600
+7.6% YoY
Effective rate
7.26%
On assessed value
Total market value
$156,200
Applied tax rate
82,130.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
2,846 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C1-LOCL
APN
80 020 99 0016 000
UPID
US43-0304483
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C1-LOCL · Romulus, MIZoning C1-LOCL · permitted uses
C1-LOCL · Romulus, 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
Year built
1979
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Jjs Car Wash & Detailing LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2292 ELLSWORTH RD, YPSILANTI, MI 48197-4806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2022
$155,000
Jjs Car Wash & Detailing LLC
Issa M Sobh
Warranty Deed
—
Jan 4, 2022
$100,000
Mohamed Sobh
Bruce Lee
Warranty Deed
—
Jun 5, 2018
$100,000
Mohamed Sobh
Lee,bruce
Grant Deed
related
—
May 4, 2018
—
Bruce Lee
Lee,john
Quit Claim Deed
related
—
Nov 24, 2009
$40,000
John Lee
Comerica Bk
Grant Deed
—
Sep 18, 2008
$75,000
Comerica Bank
Deputy Sheriff Of Wayne County
Trustees Deed
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.
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