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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail space
780 Van Dyke Rd, Almont, MI 48003-8544
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-4372041
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Total area
10,924 SF
Lot
1.86 ac (81,152 SF)
Zoning code
C2
APN
041-521-041-00
UPID
US43-4372041
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
-
Edward Jones - Financial Advisor: Andy Roosa Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$832k
Blend (final)
Blend
$625k
Owner & transaction history
Robert Trapiss · 1 yrs held
Robert Trapiss
since 2024
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
C2 · Almont, 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 Almont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Almont 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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$845,000
Current use
COMMERCIAL (GENERAL)
$760,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Oct 31 2024)
Last sale anchor
$625k
Oct 31 2024
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
$57 / 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
$13,761
Tax year 2023
Assessed value
$340,900
Assessed 2024
Previous assessed
$298,900
+14.1% YoY
Effective rate
4.04%
On assessed value
Total market value
$681,800
Applied tax rate
41.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Buildings
4
Stories
1
Total area
10,924 SF
Lot
1.86 ac (81,152 SF)
Zoning code
C2
APN
041-521-041-00
UPID
US43-4372041
Jurisdiction
LAPEER
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C2 · Almont, MI
Zoning C2 · permitted uses
C2 · Almont, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Almont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$760,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1970
Heating
FORCED AIR
Stories
1
Buildings
4
Lot
1.86 ac
Current owner
From public records · entity-resolved
Robert Trapiss
Individual
Mailing address
34901 FUERSTENAU RD, RICHMOND, MI 48062-4209
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
—
Family Tree Holdings
—
Deed
related
$200,000 · Michigan State Housing Development Autho
Oct 31, 2024
—
Robert Trapiss
David Vettese
Quitclaim Deed
related
—
Oct 31, 2024
$625,000
Family Tree Holdings Company INC
Robert Trapiss
Warranty Deed
$468,750 · Choiceone Bank
Oct 31, 2024
$350,000
Robert Trapiss
Mc Commercial Holdings LLC
Warranty Deed
—
Dec 15, 2022
—
Robert Trapiss
Mc Commercial Holdings LLC
Land Contract
—
Apr 7, 2022
—
Mc Commercial Holdings LLC
Oz Industries LLC
Quit Claim Deed
related
—
May 3, 2021
$450,000
Mc Commercial Holdings LLC
Oz Industries LLC
Warranty Deed
$500 · Tri County Bank
May 3, 2021
—
Mc Commercial Holdins LLC
—
Deed
related
$500 · Tri County Bank
Sep 1, 2016
—
Mendola,eleanor E Trust
Mendola,eleanor E
Quit Claim Deed
related
—
Sep 1, 2016
$340,945
Oz Industries LLC
Mendola Eleanor E Trust
Warranty Deed
$408,809 · Tri Cnty Bk
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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