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Property profile & analytics
OFF-MARKET
Retail space
8715 Main St, Whitmore Lake, MI 48189-9248
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US43-5189325
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Total area
1,600 SF
Lot
0.66 ac (28,750 SF)
Zoning code
GC-GEN COMMERCI
APN
B -02-08-250-018
UPID
US43-5189325
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
-
Advance Auto Parts Auto Parts Store
-
UPS Access Point location Courier Service Postal Service
-
CARQUEST AUTO PARTS #4732 Auto Parts Store
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
Muir Main Street LLC · 6 yrs held
Muir Main Street LLC
since 2020
Last sale
$300,000
3 recorded transactions
Zoning & alternative use
GC-GEN COMMERCI · Whitmore Lake, 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 Whitmore Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whitmore Lake 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,337
Tax year 2023
Assessed value
$182,000
Assessed 2024
Previous assessed
$176,000
+3.4% YoY
Effective rate
5.68%
On assessed value
Total market value
$364,000
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
1964
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Total area
1,600 SF
Lot
0.66 ac (28,750 SF)
Zoning code
GC-GEN COMMERCI
APN
B -02-08-250-018
UPID
US43-5189325
Jurisdiction
WASHTENAW
Zoning & alternative use
GC-GEN COMMERCI · Whitmore Lake, MI
Zoning GC-GEN COMMERCI · permitted uses
GC-GEN COMMERCI · Whitmore Lake, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whitmore Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
0.66 ac
Current owner
From public records · entity-resolved
Muir Main Street LLC
Entity
Mailing address
70 LAKEVIEW DR, WHITMORE LAKE, MI 48189-9578
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2020
$300,000
Muir Main Street LLC
George Thur
Warranty Deed
$240,000 · First National Bank In Howell
Dec 22, 2005
$175,000
George Thur
Michigan Real Estate
Warranty Deed
—
Mar 8, 2002
—
Michigan Real Estate LP
—
Deed Of Trust
related
$12,000,000 · Citizens Federal Bank Fsb
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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