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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
710 8th Mile Rd Northville, MI 48167-2700
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1852052
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1970
Total area
1,247 SF
Lot
0.64 ac (27,878 SF)
Zoning code
LCD
APN
48-22-34-351-020
UPID
US43-1852052
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
-
Diversified Fuel Gas Station
-
Mobil Gas Station
-
ATM (8 Mile & Taft Mobil) Atm Cars
-
Bitstop Bitcoin ATM Atm Currency Exchange Service
-
LibertyX Bitcoin ATM Atm
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
Fuels Properties L Diversified · 21 yrs held
Fuels Properties L Diversified
since 2005
2 recorded transactions
Zoning & alternative use
LCD · Northville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Local Commercial District is intended to provide for retail, office and service uses which are needed to serve nearby residential areas
Zone name
Local Commercial District
General category
COMMERCIAL
Zone area
4.09 ac
Source
Realmo
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 Northville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northville 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
$8,983
Tax year 2023
Assessed value
$217,300
Assessed 2023
Previous assessed
$203,100
+7.0% YoY
Effective rate
4.13%
On assessed value
Assessed land
$83,200
Assessed improvement
$134,100
Land market value
$166,400
Improvement market value
$268,200
Total market value
$434,600
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
1,247 SF
Lot
0.64 ac (27,878 SF)
Zoning code
LCD
APN
48-22-34-351-020
UPID
US43-1852052
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
LCD · Northville, MIZoning LCD · permitted uses
LCD · Northville, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Local Commercial District is intended to provide for retail, office and service uses which are needed to serve nearby residential areas
Zone name
Local Commercial District
General category
COMMERCIAL
Zone area
4.09 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Fuels Properties L Diversified
Entity
Free & Clear · 21 yrs held
Mailing address
1 W JEFFERSON AVE, TRENTON, MI 48183-1237
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2005
—
Fuels Properties L Diversified
Exxonmobil Oil Corp
Grant Deed
—
May 10, 2005
—
Diversified Fuels Props LLC
—
Deed Of Trust
related
$6,452,000 · Comerica Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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