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    Property profile & analytics

    7600 Brockway Rd Brockway, MI 48097-3408

    • Outlet malls
    • 9,014 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimation
    $750,000
    Last Sale
    Jun 02, 2022
    $686,000
    Location Intelligence
    Property ID
    US43-4541452
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Outlet malls

    Property Details for 7600 Brockway Rd

    Lot size
    1.08 lot acres
    Property size
    9,014 SF
    Zone code
    B
    Property type
    Outlet malls
    APN
    74-10-014-4010-001
    APU
    74100144010001

    Description

    This exceptional investment opportunity features a 9,014-square-foot Dollar General store situated on a 1.08-acre lot in Yale, Michigan. The property boasts a strong 7.35% cap rate and a substantial net operating income (NOI) of $66,792. The single-tenant, net lease (NN) structure minimizes landlord responsibilities, with a corporate guarantee providing significant security. The lease, commencing June 12, 2013, and expiring November 30, 2029, has approximately 5 years remaining, with four (5) year renewal options, each including a 10% rent increase. The property includes 49 parking spaces and is zoned for commercial use. The asking price is $908,734, translating to $100.81 per square foot. This location benefits from high traffic volume, exceeding 10,000 vehicles daily, and is situated in a desirable area with an average annual household income exceeding $72,000 within a 5-mile radius. According to Placer.ai, this store ranks in the top 95% statewide and top 92% nationwide for store visits. This is a turnkey investment with a proven track record and significant upside potential. The property consists of a single, one-story building with 100% occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $865,000

    • CAP approach

      CAP return
      Estimation
      6%
      $685,000
      6.5%
      $585,000
      7%
      $660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $710,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $610,000
      Retail
      $570,000
      Mixed-Use
      $575,000
      Hospitality
      $525,000
      Educational
      $630,000
      Residential Income
      $660,000
      Energy
      $550,000
      Income-Based Land
      $645,000
      Food Service
      $565,000

    Location Insight

    • Map
    • Local Demand
    City
    Brockway
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.7904
    Latitude
    43.1184
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,525
    $0.00
    $0.00
    $143,400
    -
    $0.00
    $0.00
    $286,800

    Comparable in this City

    • Value Estimation by Request
      8,000 SF

      101 Commerce Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 8,000 SF
      101 Commerce Dr, Brockway, MI 48097-3460
      View Details
    • Value Estimation by Request
      2,784 SF

      100 Main St

      SHOPPING CENTER, STRIP CENTER • 2,784 SF
      100 Main St, Yale, MI 48097-4601
      View Details
    • Value Estimation by Request
      4,872 SF

      1 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,872 SF
      1 Main St, Yale, MI 48097-2836
      View Details
    • Value Estimation by Request
      8,993 SF

      8263 Brockway Rd

      AUTO REPAIR, GARAGE • 8,993 SF
      8263 Brockway Rd, Brockway, MI 48097-2822
      View Details
    • Value Estimation by Request
      1,296 SF

      4 Pne St

      RETAIL STORES (PERSONAL SERVICES) • 1,296 SF
      4 Pne St, Yale, MI 48097-2961
      View Details
    • Value Estimation
      $535,000
      4,080 SF

      121 Main St

      GROCERY, SUPERMARKET • 4,080 SF
      121 Main St, Yale, MI 48097-3321
      View Details

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    7600 Brockway Rd
    Brockway, MI 48097-3408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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