New Restaurant Build for
2383 E Hill Rd Grand Blanc, MI 48439
2383 E Hill Rd, Grand Blanc, MI, 48439
$699,000
For Sale
$699,000
Brand new restaurant opportunity offered for sale with 3,200 sf on Hill Rd.
Property Size3,200 SF
Price / SF$218.44
Days on Market202
Property Features for 2383 E Hill Rd
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Retail
Listing agency
Rayburn Real Estate LLC
(810) 874-9994
Listed by
Jeremy Rayburn
(810) 874-9994
Source
Cpix.resimplifi
Added: Dec 31, 2025 Updated: Jul 20 at 9:25PM Checked: Jul 21 at 3:15AM
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 Rayburn Real Estate LLC
Investment Insights
Based on property information with market context.
This listing presents a brand new restaurant build for sale, sized at 3,200 sf. The property is offered as a complete restaurant opportunity, positioned to support a turn-key restaurant concept from day one.
Located on Hill Rd in Grand Blanc, the site benefits from direct road frontage along a primary access route.
With the restaurant-specific configuration and new construction status, this asset is well suited for buyers seeking a freshly built restaurant space.
Located on Hill Rd in Grand Blanc, the site benefits from direct road frontage along a primary access route.
With the restaurant-specific configuration and new construction status, this asset is well suited for buyers seeking a freshly built restaurant space.
Key Highlights
- Brand new restaurant available for sale
- 3,200 SF restaurant space
- Located on Hill Rd in Grand Blanc
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.1k | $14.40 |
| − Vacancy | −$8.2k | −$2.58 |
| EGI | $37.8k | $11.82 |
| − OpEx | −$9.5k | −$2.96 |
| NOI | $28.4k | $8.87 |
3,200 SF · lease $14.40/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$405.3K
$354.7K – $472.9K
NOI $28,374 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$673.4K
$589.2K – $785.6K
NOI $47,136 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tropical Smoothie Cafe ...
Restaurant
Jesse Vickers Tattoos
Tattoo & Piercing Shop
Zoom Tan
Tanning Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Brand new restaurant opportunity offered for sale with 3,200 sf on Hill Rd.
Where is this conventional restaurant located?
The property is located at 2383 E Hill Rd Grand Blanc, MI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Brand new restaurant available for sale; 3,200 SF restaurant space; Located on Hill Rd in Grand Blanc
