Pizza Restaurant with Included
New
For Sale
$225,000
18633 W McNichols Rd, Detroit, MI 48219
The sale includes furnishings and current inventory, with delivery service operating through DoorDash.
Property Size800 SF
Days on Market2
Property Features for 18633 W McNichols Rd
General Information
Standard status
Active
Size
800 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$2,469
Amenities
secured fenced rear area
storage shed
Building Details
Building Size
800 SF
Year Built
1949
Listed By:
Richard Perry
(248) 590-0800
Source:
Elliman
Added: Oct 19
Last Checked: Oct 19 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Richard Perry
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Investment Insights
Based on property information with market context.
Lil Bro’s Pizza is an operating restaurant at 18633 W McNichols Rd in Detroit. The property sale includes the building, restaurant equipment, furniture, and current inventory. Google rates the restaurant 4.5 stars, and delivery service is available through DoorDash.
Built in 1949, the building underwent a renovation approximately three years ago that included operating equipment and mechanical systems. A secured, fenced area behind the building contains a storage shed.
Built in 1949, the building underwent a renovation approximately three years ago that included operating equipment and mechanical systems. A secured, fenced area behind the building contains a storage shed.
Key Highlights
- Operating pizza restaurant with building, equipment, furniture, and current inventory included
- Google rating of 4.5 stars and delivery service through DoorDash
- Renovated approximately three years ago, including equipment and mechanical systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,557
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,140
$211.1K
Cap Rate 7%
$150,814
$150.8K
Cap Rate 9%
$117,300
$117.3K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.9K $18.60/SF
− Vacancy
−$804 −$1.00/SF
EGI
$14.1K $17.60/SF
− OpEx
−$3.5K −$4.40/SF
NOI
$10.6K $13.20/SF
Area
ZIP 48219
Vacancy
5.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,140
Cap Rate 7%
$150,814
Cap Rate 9%
$117,300
Alternative Uses
Best Use
Specialty Retail
$150.8K
$132.0K – $176.0K
NOI $10,557 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$164.3K
$143.8K – $191.7K
NOI $11,502 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Apparel 9%
Electronics 8%
Mobil
Shops & Services
15,782 visits/mo
0.3 miles
Citgo
Shops & Services
7,357 visits/mo
0.4 miles
Sunoco
Shops & Services
6,612 visits/mo
0.3 miles
Citi Trends
Apparel
3,266 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
2,783 visits/mo
0.3 miles
Demographics for 48219, MI
46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Detroit, MI
Similar Off Market Nearby
- Little Icy's Luncheonette — 18445 scarsdale st, detroit, mi 48223
- VJ Enterprises LLC dba Sweet Potato Delights — 18445 Scarsdale St, Detroit, MI 48223
- Premium Taste Catering — 19803 W McNichols Rd, Detroit, MI 48219
- RollUp truck — 18801 W McNichols Rd, Detroit, MI 48219
- Empress Kitchen — 17340 W McNichols Rd, Detroit, MI 48235
Frequently Asked Questions
What type of property is this?
Restaurant - The sale includes furnishings and current inventory, with delivery service operating through DoorDash.
Where is this restaurant located?
The property is located at 18633 W McNichols Rd Detroit, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Operating pizza restaurant with building, equipment, furniture, and current inventory included; Google rating of 4.5 stars and delivery service through DoorDash; Renovated approximately three years ago, including equipment and mechanical systems
