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    OFF-MARKET
    Retail properties & Spaces

    0 Undisclossed, Allen Park, MI 48101

    5,640 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5,640 square foot retail property, located in Allen Park and Melvindale, Michigan (zip codes 48101 and 48122), is offered at $750,000 ($132.98/sq ft). Currently operating as a successful meat market and produce shop, this recently renovated space boasts updated equipment including a walk-in cooler, freezers, and a fully equipped kitchen with a hood. The spacious layout ensures efficient product display and customer flow, contributing to the high revenue currently generated. The property also includes a second-floor residential unit generating $1,000 monthly rent (increasing to $1,100 in August), adding to its investment appeal. Its versatile design allows for continued operation as a meat market or conversion into a restaurant, deli, or similar food-related business. Ample parking provides further expansion potential. All data and measurements are estimates

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 5,640 SF
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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