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Property profile & analytics
FOR SALE
Commercial real estate
7200 Dan Hoey Rd, Dexter, MI 48130
Entity Owned
1-yr Hold
Free & Clear
Property ID
US43-2943799
For Sale
1 / 9
$250,000
7200 Dan Hoey Rd, Dexter, MI 48130
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
1,189 SF
Lot
0.18 ac (7,797 SF)
Zoning code
PUD
APN
08-08-05-380-513
UPID
US43-2943799
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
4 N Hewitt LLC · 1 yrs held
4 N Hewitt LLC
since 2025
7 recorded transactions
Zoning & alternative use
PUD · Dexter, 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 Dexter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dexter 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
$5,507
Tax year 2023
Assessed value
$168,500
Assessed 2024
Previous assessed
$161,600
+4.3% YoY
Effective rate
3.27%
On assessed value
Total market value
$337,000
Applied tax rate
8.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2004
Heating
FORCED AIR
Total area
1,189 SF
Lot
0.18 ac (7,797 SF)
Zoning code
PUD
APN
08-08-05-380-513
UPID
US43-2943799
Jurisdiction
WASHTENAW
Zoning & alternative use
PUD · Dexter, MI
Zoning PUD · permitted uses
PUD · Dexter, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dexter. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Lot
0.18 ac
Current owner
From public records · entity-resolved
4 N Hewitt LLC
Entity
Free & Clear · 1 yrs held
Mailing address
7200 DAN HOEY RD, DEXTER, MI 48130-4201
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2026
—
Bemer Investments LLC
—
Deed
related
$260,950 · First Fsla Of Lakewood
Apr 17, 2025
$611,774
4 N Hewitt LLC
Walton Dry Cleaners INC
Warranty Deed
—
Apr 22, 2024
$535,000
West Real Estate LLC
Salamen Investments LLC
Warranty Deed
$430,000 · Northstar Bank
Oct 13, 2023
—
Salamen Investments LLC
—
Deed
related
$245,000 · Salamen Family Estate LLC
Apr 2, 2021
—
Salamen Investments LLC
—
Deed
related
—
Aug 7, 2020
$200,000
Rle Properties LLC
Dexter Place LLC
Warranty Deed
$272,000 · Chelsea State Bank
Dec 27, 2018
—
Walton Dry Cleaners INC
—
Deed
related
$220,337 · Team One Cu
Dec 26, 2018
—
Walton Dry Cleaners INC
—
Deed
related
$162,000 · Miscellaneous Govt Agcy
Dec 10, 2018
$350,000
Walton Dry Cleaners INC
Kim Properties INC
Warranty Deed
$220,337 · Team One Cu
Mar 20, 2014
$180,000
Traynor Properties LLC
Dexter Place LLC
Warranty Deed
$301,750 · Bank Of America
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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