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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Grocery and convenience stores
7400 Farmington Rd, West Bloomfield, MI 48322-3349
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-5165224
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1993
Total area
2,405 SF
Lot
1.86 ac (81,022 SF)
Zoning code
BI
APN
X -18-33-479-002
UPID
US43-5165224
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
$1.48M
Owner & transaction history
7400 Farmlngton LLC · 5 yrs held
7400 Farmlngton LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
BI · West Bloomfield, 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 West Bloomfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Bloomfield 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
$1,525,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±10% · vs last sale $1.45M (Jun 4 2021)
Last sale anchor
$1.45M
Jun 4 2021
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
$613 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,896
Tax year 2023
Assessed value
$658,430
Assessed 2024
Previous assessed
$608,980
+8.1% YoY
Effective rate
4.39%
On assessed value
Total market value
$1,316,860
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
CONVENIENCE STORE
Status
Off-Market
Year built
1993
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
2,405 SF
Lot
1.86 ac (81,022 SF)
Zoning code
BI
APN
X -18-33-479-002
UPID
US43-5165224
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · West Bloomfield, MI
Zoning BI · permitted uses
BI · West Bloomfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Bloomfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
7400 Farmlngton LLC
Entity
Mailing address
33477 WOODWARD AVE STE #800, BIRMINGHAM, MI 48009-0929
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2021
—
7400 Farmlngton LLC
Barbat Bp LLC
Quit Claim Deed
related
—
Jan 31, 2006
$1,450,000
Barbat Bp LLC
Barrick Properties #40 LLC
Warranty Deed
$1,411,000 · Sky Bank
Jan 13, 2006
$2,000,000
Barrick Properties 40 LLC
Bp Products North America INC
Quit Claim Deed
related
—
—
—
Bp L L C Barbat
—
Deed Of Trust
related
$12,560,000 · Level One Bank
—
—
Barbat Bp LLC
—
Deed Of Trust
related
$3,750,000 · Essam B & Gladis E Sedki
—
—
Barbat Bp LLC
—
Deed Of Trust
related
$100,000 · Barrick Properties #40 LLC
—
—
Barbat Bp LLC
—
Deed Of Trust
related
$1,500,000 · Essam B & Gladis E Sedki
—
—
Barbat Bp LLC
—
Deed Of Trust
related
$2,000,000 · Level One Bk
—
—
Bloomfield Bpa LLC
—
Deed Of Trust
related
$2,636,000 · Huntington National Bank
—
—
Barbat Bp LLC
—
Deed Of Trust
related
—
—
—
Barbat Bp LLC
—
Deed Of Trust
related
$1,572,366 · Huntington National 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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