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Property profile & analytics
FOR SALE
Commercial real estate
8180 Main St, Dexter, MI 48130
Entity Owned
~
Est. High Equity
Property ID
US43-1235657
For Sale
1 / 19
$750,000
8180 Main St, Dexter, MI 48130
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
7,688 SF
Lot
1.57 ac (68,389 SF)
Zoning code
VC
APN
08-03-31-474-010
UPID
US43-1235657
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
$545k
Blend (final)
Blend
$675k
Owner & transaction history
The Pelham LLC
The Pelham LLC
since 2025
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
VC · Dexter, 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 Dexter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dexter 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
COMMERCIAL (GENERAL)
$1,100,000
Current use
RETAIL STORES
$885,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $800k (Aug 19 2025)
Last sale anchor
$800k
Aug 19 2025
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
$88 / 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
$6,964
Tax year 2023
Assessed value
$170,500
Assessed 2024
Previous assessed
$182,500
-6.6% YoY
Effective rate
4.08%
On assessed value
Total market value
$341,000
Applied tax rate
8.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
FORCED AIR
Total area
7,688 SF
Lot
1.57 ac (68,389 SF)
Zoning code
VC
APN
08-03-31-474-010
UPID
US43-1235657
Jurisdiction
WASHTENAW
Zoning & alternative use
VC · Dexter, MI
Zoning VC · permitted uses
VC · Dexter, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dexter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$885,000
COMMERCIAL (GENERAL) Current
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
Heating
FORCED AIR
Lot
1.57 ac
Current owner
From public records · entity-resolved
The Pelham LLC
Entity
Mailing address
257 COLLINGWOOD ST, ANN ARBOR, MI 48103-3824
Ownership since
2025
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
Aug 19, 2025
$800,000
The Pelham LLC
76 Propertiesd LLC
Warranty Deed
—
Feb 2, 2024
—
Ak Pelham LLC
76 Properties LLC
Land Contract
—
Jul 14, 2017
—
76 Properties LLC
—
Deed
related
—
May 8, 2017
—
76 Properties LLC
Mill Creek Outdoor Adventures
Quit Claim Deed
related
—
Mar 28, 2017
—
Mill Creek Outdoor Adventures LLC
—
Deed
related
$1,770,000 · Chelsea State Bank
Jul 20, 2016
$340,000
Mill Creek Outdoor Adventures
Kroske-danner Land Co LLC
Warranty Deed
—
Oct 29, 2001
$59,000
Kroske Danner Land Co LLC
Boissonneault,joseph F
Grant Deed
$160,000 · United Bank & Trust Co
Oct 29, 2001
—
Joseph F Boissoneault
Mccarthy Trust
Quit Claim Deed
related
—
Jul 26, 2001
—
Kroske-danner Land Co LLC
Kroske,raymond P
Quit Claim Deed
related
—
—
—
76 Properties LLC
—
Loan Modification
related
—
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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