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Property profile & analytics
OFF-MARKET
Drive through restaurants
8926 8th Mile Rd, Ferndale, MI 48220-2263
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-0264576
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1978
Total area
1,820 SF
Lot
0.46 ac (20,038 SF)
Zoning code
BI
APN
S -25-33-356-040
UPID
US43-0264576
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
T & P Capital LLC · 3 yrs held
T & P Capital LLC
since 2023
Last sale
$150,000
7 recorded transactions
Zoning & alternative use
BI · Ferndale, 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 Ferndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferndale 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
$7,941
Tax year 2023
Assessed value
$135,620
Assessed 2024
Previous assessed
$130,350
+4.0% YoY
Effective rate
5.86%
On assessed value
Total market value
$271,240
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1978
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,820 SF
Lot
0.46 ac (20,038 SF)
Zoning code
BI
APN
S -25-33-356-040
UPID
US43-0264576
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Ferndale, MI
Zoning BI · permitted uses
BI · Ferndale, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ferndale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
T & P Capital LLC
Entity
Mailing address
8926 W 8TH MILE RD, FERNDALE, MI 48220-2263
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
May 3, 2023
—
T & P Capital LLC
Prende Duhanaj
Quit Claim Deed
related
$250,000 · Tcf Holdings LLC
Jan 7, 2015
—
Prende Duhanaj
Select Commercial Assets LLC
Quit Claim Deed
related
$325,000 · Select Commercial Assets LLC
Jun 27, 2014
$564,811
Select Commercial Assets LLC
Sheriff Of Oakland County
Trustees Deed
related
—
Jun 10, 2013
$550,391
Prende Duhanaj
C & D Cap LLC
Dual Purpose Document
$550,391 · C&d Cap LLC
Oct 10, 2008
$150,000
C & D Capital LLC
Merditaj,frane & Pashke
Warranty Deed
$525,000 · Citizens State Bank
Nov 16, 2007
—
Frane Merditaj
Merditaj,vilson
Quit Claim Deed
related
—
Nov 17, 2005
$74,000
Vilson Merditaj
Duhanaj,ambroz
Quit Claim Deed
related
—
Jun 4, 2004
—
Ambroz Duhanaj
Duhanaj,manusha
Quit Claim Deed
related
—
Sep 12, 2001
$460,000
Manush Duhanaj
Eight & Wyoming LLC
Grant Deed
$230,000 · Barnett Trust
—
—
C & D Capital LLC
—
Deed Of Trust
related
$525,000 · Citizens State Bank
—
—
Manush A Duhanaj
—
Deed Of Trust
related
$200,000 · Robert C Horvath
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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