Property profile

28375 Sumpter Rd Sumpter Twp, MI 48164

OFF-MARKET
Mixed-use properties
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Property summary

AI-generated overview

This distressed property, located at 28375 Sumpter Road in Sumpter Township, Wayne County, Michigan (zip code 48164), is offered at $199,000. Currently zoned for multi-family and commercial use, this hospitality property presents a unique investment opportunity. The building, formerly used as a hotel/motel, has been extensively renovated. Interior work includes complete gutting and framing, preparing it for a potential conversion. A previous owner initiated renovations to create a 10-12 room home health care facility, including nurse quarters, nurse stations, and an employee lounge. Significant updates have already been completed, including a new 240-amp electrical system, new copper plumbing, smoke detectors (hardwired), and some new windows. The property also features dual septic tanks with an alarm warning system. Its quiet location offers easy accessibility. This versatile building holds potential for various business ventures, making it an attractive proposition for investors seeking a renovation project with substantial upside. The property is being sold in a distressed condition. Original MLS #50091348.

Property profile

Verified
Property type Mixed-use properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28375 Sumpter Rd Sumpter Twp, MI 48164
Sumpter Twp metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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