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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Retail space
6991 Auburn Rd Utica, MI 48317-5215
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US43-2411195
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Total area
8,394 SF
Lot
0.53 ac (23,217 SF)
Zoning code
DMXD
APN
11-07-33-453-012
UPID
US43-2411195
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
$597k
Blend (final)
Blend
$595k
Owner & transaction history
Jp Morgan Chase Bk · 14 yrs held
Jp Morgan Chase Bk
since 2011
7 recorded transactions
Zoning & alternative use
DMXD · Utica, 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 Utica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Utica 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
$595k
Range $536k – $655k · ±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
$71 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,140
Tax year 2022
Assessed value
$276,800
Assessed 2023
Previous assessed
$251,300
+10.1% YoY
Effective rate
4.02%
On assessed value
Total market value
$553,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Heating
FORCED AIR
Stories
1
Total area
8,394 SF
Lot
0.53 ac (23,217 SF)
Zoning code
DMXD
APN
11-07-33-453-012
UPID
US43-2411195
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
DMXD · Utica, MI
Zoning DMXD · permitted uses
DMXD · Utica, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Utica. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
FORCED AIR
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Jp Morgan Chase Bk
Individual
Mailing address
6991 AUBURN RD, UTICA, MI 48317-5215
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
Mar 18, 2024
—
Beninati Pool And Spa INC
—
Deed
related
$400,000 · Financial Plus Cu
Feb 23, 2024
—
Beninati Pool And Spa INC
—
Deed
related
$300,000 · Financial Plus Cu
May 29, 2019
—
Roses Plumbing And Pipe Supply LLC
—
Deed
related
$240,000 · Jpmorgan Chase Bank NA
May 3, 2018
—
Roses Plumbing And Pipe Supply LLC
—
Deed
related
$210,000 · Jpmorgan Chase Bank NA
Nov 29, 2011
$110,893
Jp Morgan Chase Bk
Deputy Sheriff Of Macomb County
Trustees Deed
related
—
Dec 19, 2008
—
Midwest Properties Utica LLC
Viking Fiberglass Pools LLC
Warranty Deed
—
Oct 19, 2005
$1,000,000
Viking Fiberglass Pools LLC Distrib
Gmc Investment Co LLC
Warranty Deed
$888,665 · Jpmorgan Chase Bank NA
—
—
Plumbing Roses
—
Deed Of Trust
related
$240,000 · Jp Morgan Chase Bank NA
—
—
Plumbing Roses
—
Deed Of Trust
related
$150,000 · Key Bank NA
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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