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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Medical Office Space
765 Lapeer Rd Oxford, MI 48371-6510
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1120700
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Total area
7,194 SF
Lot
0.91 ac (39,640 SF)
Zoning code
BI
APN
P -04-26-354-004
UPID
US43-1120700
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
-
HealthQuest Physical Therapy - Oxford Medical Clinic
-
Julie A. Sebesta, PT Physician
-
Craig D. Crowe, RPh Pharmacy
-
Kaitlyn Sumner Physician
-
DANIEL JOSEPH GARR Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.11M
Owner & transaction history
Oxford Lapeer Real Estate Hold · 10 yrs held
Oxford Lapeer Real Estate Hold
since 2016
6 recorded transactions
Zoning & alternative use
BI · Oxford, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Ordinance 2021.2
Top alternative use upside
Commercial (general)
$1.3M
+11.6%
Restaurant
$1.2M
+9.7%
Retail stores
$1.2M
+6.9%
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 Oxford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxford 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,135,000
Current use
COMMERCIAL (GENERAL)
$1,265,000
Change: +12% · Conversion: Easy
RESTAURANT
$1,245,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$1,215,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10%
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
$154 / 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
$24,257
Tax year 2023
Assessed value
$516,560
Assessed 2024
Previous assessed
$516,100
+0.1% YoY
Effective rate
4.70%
On assessed value
Total market value
$1,033,120
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1980
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
7,194 SF
Lot
0.91 ac (39,640 SF)
Zoning code
BI
APN
P -04-26-354-004
UPID
US43-1120700
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Oxford, MIZoning BI · permitted uses
BI · Oxford, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance 2021.2
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Oxford Lapeer Real Estate Hold
Individual
Free & Clear · 10 yrs held
Mailing address
1773 STAR BATT DR, ROCHESTER HILLS, MI 48309-3708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2016
—
Oxford Lapeer Real Estate Hold
Hq Of Oxford LLC
Quit Claim Deed
related
—
Jan 24, 2014
$325,000
Oxford Lapeer Real Estate Holdings
Oxford Family Realty LLC
Warranty Deed
$450,000 · Pnc Bank NA
Jul 1, 2005
—
Oxford Family Realty LLC
Family Realty LLC
Quit Claim Deed
related
—
Aug 1, 2003
—
Family Realty LLC
Family Practice Associates
Quit Claim Deed
related
—
—
—
Oxford Lapeer Real Estate Hold
—
Deed Of Trust
related
$373,000 · Oakland Cnty Bus Fin
—
—
Family Practice Associates
—
Deed Of Trust
related
$100,000 · Midwest Guaranty 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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