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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Grocery and convenience stores
9645 Jefferson Ave Detroit, MI 48214-2909
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-5285164
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1967
Total area
2,948 SF
Lot
0.6 ac (26,136 SF)
Zoning code
B4
APN
19000048-50
UPID
US43-5285164
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
-
Citgo Gas Station
-
Amoco Car Wash
-
HAMAD INVESTMENT Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$647k
Blend (final)
Blend
$650k
Owner & transaction history
Jefferson & Pennsylvania Amoco LLC · 4 yrs held
Jefferson & Pennsylvania Amoco LLC
since 2022
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
B4 · Detroit, 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 Detroit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Detroit 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
$725,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Feb 23 2022)
Last sale anchor
$650k
Feb 23 2022
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
$220 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$17,038
Tax year 2020
Assessed value
$257,900
Assessed 2024
Previous assessed
$233,300
+10.5% YoY
Effective rate
6.61%
On assessed value
Total market value
$515,800
Applied tax rate
82,010.0000
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
1967
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
2,948 SF
Lot
0.6 ac (26,136 SF)
Zoning code
B4
APN
19000048-50
UPID
US43-5285164
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B4 · Detroit, MI
Zoning B4 · permitted uses
B4 · Detroit, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Detroit. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
0.6 ac
Current owner
From public records · entity-resolved
Jefferson & Pennsylvania Amoco LLC
Entity
Mailing address
12958 MICHIGAN AVE, DEARBORN, MI 48126-3552
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
—
Jefferson & Pennsylvania Amoco LLC
Barrick Properties 40 LLC
Land Contract
$130,000 · Barrick Enterprises INC
Feb 18, 2022
$650,000
Barrick Properties 40 LLC
9645 Investment LLC
Warranty Deed
—
Sep 14, 2018
$300,000
Barrick Properties 40 LLC
Hamad Investment Group LLC
Warranty Deed
—
Sep 11, 2018
—
9645 Investment LLC
—
Deed
related
$250,000 · Private Individual
—
—
Hamad Investment Group LLC
—
Deed Of Trust
related
$400,000 · Private Individual
—
—
Hamad Investment Group LLC
—
Deed Of Trust
related
$400,000 · Sutariya Properties LLC
—
—
9645 Investment LLC
—
Deed Of Trust
related
$250,000 · Private Individual
—
—
Hamad Investment Group LLC
—
Deed Of Trust
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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