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Property profile & analytics
OFF-MARKET
Commercial land
8382 Fairfax Dr Sterling Heights, MI 48312-5917
Entity Owned
4-yr Hold
Free & Clear
Property ID
US43-2523339
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.5 ac (21,736 SF)
Zoning code
CK MAP
APN
23-07-33-276-040
UPID
US43-2523339
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
46281 Van Dyke LLC · 4 yrs held
46281 Van Dyke LLC
since 2022
Last sale
$250,000
7 recorded transactions
Zoning & alternative use
CK MAP · Sterling Heights, MI
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 Sterling Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling Heights 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,242
Tax year 2022
Assessed value
$51,700
Assessed 2023
Previous assessed
$50,200
+3.0% YoY
Effective rate
2.40%
On assessed value
Total market value
$103,400
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.5 ac (21,736 SF)
Zoning code
CK MAP
APN
23-07-33-276-040
UPID
US43-2523339
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
CK MAP · Sterling Heights, MIZoning CK MAP · permitted uses
CK MAP · Sterling Heights, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 8: ANIMALS xx
Building & site characteristics
From public records
Heating
NONE
Lot
0.5 ac
Current owner
From public records · entity-resolved
46281 Van Dyke LLC
Entity
Free & Clear · 4 yrs held
Mailing address
51543 VAN DYKE AVE, SHELBY TOWNSHIP, MI 48316-4447
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
—
46281 Van Dyke LLC
Ura Group Investments LLC
Quit Claim Deed
related
—
Jun 22, 2022
$250,000
Ura Group Investments LLC
H M V Properties LLC
Warranty Deed
—
Jan 18, 2018
—
Ura Group Investments LLC
Hmv Properties LLC
Quit Claim Deed
related
—
Aug 4, 2014
—
Hmv Properties LLC
Valente Marco & H M Trust
Quit Claim Deed
related
—
Oct 14, 2010
—
Marco Valente JR.
Valente Marco JR Trust
Quit Claim Deed
related
—
May 29, 2008
—
Valente Marco JR Trust
Valente,marco JR
Quit Claim Deed
related
—
Apr 1, 2008
—
Marco Valente JR.
Tozzi,sinibaldo & Diane
Quit Claim Deed
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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