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Property profile & analytics
OFF-MARKET
Estimated value
$200,000
Grocery and convenience stores
8008 Middlebelt Rd Westland, MI 48185-1808
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0966443
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1983
Total area
861 SF
Lot
0.33 ac (14,375 SF)
APN
56 002 99 0079 000
UPID
US43-0966443
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
-
Sunoco Gas Station Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$200k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$200k
Owner & transaction history
8008 Middlebelt LLC · 2 yrs held
8008 Middlebelt LLC
since 2024
Last sale
$200,000
7 recorded transactions
Zoning & alternative use
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 Westland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westland 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
$200,000
ML approach
$200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$200k
Range $180k – $220k · ±10% · vs last sale $200k (Jan 19 2024)
Last sale anchor
$200k
Jan 19 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
$232 / 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
$11,657
Tax year 2023
Assessed value
$180,000
Assessed 2024
Previous assessed
$164,300
+9.6% YoY
Effective rate
6.48%
On assessed value
Total market value
$360,000
Applied tax rate
82,095.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
861 SF
Lot
0.33 ac (14,375 SF)
APN
56 002 99 0079 000
UPID
US43-0966443
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
8008 Middlebelt LLC
Entity
Mailing address
49950 ANN ARBOR RD W, PLYMOUTH, MI 48170-6316
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
$200,000
8008 Middlebelt LLC
Westland Property LLC
Warranty Deed
$1,000,000 · Genisys Cu
Aug 28, 2023
$250,000
Westland Property LLC
Westland Fuel Mart INC
Deed
—
Aug 28, 2023
—
8008 Middlebelt LLC
Westland Property LLC
Deed
—
Oct 24, 2019
—
Westland Property LLC
—
Trustees Deed
related
$100,000 · B&m Acquisitions LLC
Feb 20, 2018
—
Westland Property LLC
Westland Fuel Mart INC
Quit Claim Deed
—
Oct 7, 2014
$130,000
Westland Fuels INC
8008 Middlebelt Investment LLC
Quit Claim Deed
related
—
Oct 7, 2014
—
8008 Middlebelt Investment LLC
Northwestern Energy Invs LLC
Quit Claim Deed
related
—
Dec 8, 2010
—
Northwestern Energy Invs LLC
Flagstar Bk Fsb
Quit Claim Deed
related
$7,500,000 · Flagstar Bank Fsb
Dec 20, 2007
$668,473
Flagstar Bank Fsb
Deputy Sheriff Of Wayne County
Trustees Deed
related
—
Sep 5, 2006
$600,000
Afg Gas INC
Oraha,harmiz
Warranty Deed
—
—
—
Sawies Petrol INC
—
Deed Of Trust
related
$60,000 · Van Buren Oil Co
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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