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Property profile & analytics
OFF-MARKET
Commercial real estate
7225 Payne Ave Dearborn, MI 48126-1332
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-3736186
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.09 ac (3,920 SF)
Zoning code
VP
APN
82 10 063 32 014
UPID
US43-3736186
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
Khalaf Investment LLC · 6 yrs held
Khalaf Investment LLC
since 2019
2 recorded transactions
Zoning & alternative use
VP · Dearborn, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
I-D, GENERAL INDUSTRIAL DISTRICT[1] ARTICLE 22.00 - T-R, TECHNOLOGY AND RESEARCH DISTRICT[1] ARTICLE 23.00 - PUD, PLANNED UNIT DEVELOPMENT MIXED USE DISTRICT[1] ARTICLE 24.00 - FP, FLOODPLAIN DISTRICT[1] ARTICLE 25.00 - VP, VEHICULAR PARKING DISTRICT[1] ARTICLE 26.00 - VPD, VEHICULAR PARKING DISTRICT - CLASS A AUTO DEALER ARTICLE 27.00 - WEST DOWNTOWN DISTRI…
Zone name
Vehicular Parking District
General category
INDUSTRIAL
Zone area
75.49 ac
Source
Sec. 1.01. - Short title.
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 Dearborn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dearborn 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
$767
Tax year 2023
Assessed value
$11,700
Assessed 2024
Previous assessed
$11,700
+0.0% YoY
Effective rate
6.56%
On assessed value
Total market value
$23,400
Applied tax rate
82,030.0000
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
Off-Market
Heating
FORCED AIR
Lot
0.09 ac (3,920 SF)
Zoning code
VP
APN
82 10 063 32 014
UPID
US43-3736186
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
VP · Dearborn, MIZoning VP · permitted uses
VP · Dearborn, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
I-D, GENERAL INDUSTRIAL DISTRICT[1] ARTICLE 22.00 - T-R, TECHNOLOGY AND RESEARCH DISTRICT[1] ARTICLE 23.00 - PUD, PLANNED UNIT DEVELOPMENT MIXED USE DISTRICT[1] ARTICLE 24.00 - FP, FLOODPLAIN DISTRICT[1] ARTICLE 25.00 - VP, VEHICULAR PARKING DISTRICT[1] ARTICLE 26.00 - VPD, VEHICULAR PARKING DISTRICT - CLASS A AUTO DEALER ARTICLE 27.00 - WEST DOWNTOWN DISTRICT ARTICLE 29.00 - SCHEDULE OF REGULATIONS ARTICLE 32.00 - GENERAL PROCEDURES AND
Zone name
Vehicular Parking District
General category
INDUSTRIAL
Zone area
75.49 ac
Source
Sec. 1.01. - Short title.
Building & site characteristics
From public records
Heating
FORCED AIR
Lot
0.09 ac
Current owner
From public records · entity-resolved
Khalaf Investment LLC
Entity
Free & Clear · 6 yrs held
Mailing address
20473 RIV OAKS DR, DEARBORN HEIGHTS, MI 48127-2754
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Oct 3, 2019
$800,000
Khalaf Investment LLC
Caryl & Jaysons Invs LLC
Grant Deed
related
—
Sep 26, 2019
—
Caryl & Jaysons Invs LLC
Dearborn Holding Co INC
Warranty 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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