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Property profile & analytics
OFF-MARKET
Individual retail properties
740 14th Mile Rd, Clawson, MI 48017-3106
Entity Owned
5-yr Hold
Free & Clear
Property ID
US43-0524315
Property summary
AI-generated overview
This exceptional 1,857 square foot industrial property, situated on a 0.41-acre lot in desirable Clawson, Michigan, presents a unique investment opportunity. The property comprises four contiguous lots
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1966
Total area
1,857 SF
Lot
0.07 ac (3,049 SF)
Zoning code
II
APN
16-20-33-382-020
UPID
US43-0524315
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
-
Marc Josephs Barber Shop
-
Robin's Wash N Wag Pet Grooming Service
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
Ludeman LLC · 5 yrs held
Ludeman LLC
since 2021
Last sale
$115,495
4 recorded transactions
Zoning & alternative use
II · Clawson, 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 Clawson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clawson 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
$4,091
Tax year 2023
Assessed value
$101,630
Assessed 2024
Previous assessed
$93,740
+8.4% YoY
Effective rate
4.03%
On assessed value
Total market value
$203,260
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1966
Heating
YES
Stories
1
Units
1
Total area
1,857 SF
Lot
0.07 ac (3,049 SF)
Zoning code
II
APN
16-20-33-382-020
UPID
US43-0524315
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
II · Clawson, MI
Zoning II · permitted uses
II · Clawson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clawson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
YES
Stories
1
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Ludeman LLC
Entity
Free & Clear · 5 yrs held
Mailing address
740 W 14TH MILE RD, CLAWSON, MI 48017-3106
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
$115,495
Ludeman LLC
Rjg Ventures LLC
Warranty Deed
—
Jul 16, 2010
$175,000
Rjg Ventures LLC
Restum,barbara
Warranty Deed
—
Jul 16, 2010
—
Ludeman LLC
Rjg Ventures LLC
Grant Deed
related
—
Jan 5, 2000
—
Barbara Restum
Schwartz,steven J & Karen P
Grant 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.
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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