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Property profile & analytics

7479 Dyke Rd Clay, MI 48001

  • Commercial real estate
  • 2.82 lot acres
Value Estimation
Last Sale
Sep 29, 2023
$775,000
Location Intelligence
Property ID
US43-4559135
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • On the ROCKS. Smoke House & Tiki Bar / Restaurant / Bar
  • Plagens Piers Marina / Marina

Property Details for 7479 Dyke Rd

Lot size
2.82 lot acres
Zone code
C-3
Property type
Commercial real estate
APN
74-14-496-0013-005
APU
74144960013005

Description

This exceptional waterfront property in Clay, MI, presents a rare investment opportunity. The 2.48-acre site boasts 133 feet of bay frontage and over 1000 feet of canal frontage, providing unparalleled access for boaters and fishermen. The property includes a well-established marina, complete with 47 wells and all necessary equipment for year-round operation. A thriving bar/restaurant and vacation rental are also included, offering diverse revenue streams. The 4,041 square foot building complex provides ample space for operations and storage. The property's coveted location ensures high demand and consistent income throughout the year, thanks to its stunning views and direct bay access. This turnkey business offers a unique blend of commercial and recreational opportunities, making it an ideal investment for those seeking a high-return waterfront venture. The established infrastructure and existing clientele provide a solid foundation for continued success and growth. This is a truly exceptional opportunity to acquire a profitable and established waterfront business in a highly desirable location. The property's diverse revenue streams and prime location make it a compelling investment prospect with significant potential for future expansion and profitability. The existing infrastructure and equipment are in place, allowing for immediate operation and revenue generation.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,025,000
  • CAP approach

    CAP return
    Estimation
    6%
    $660,000
    6.5%
    $720,000
    7%
    $680,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $755,000
    Geo Method
    $675,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $690,000
    Retail
    $605,000
    Mixed-Use
    $665,000
    Hospitality
    $630,000
    Educational
    $715,000
    Residential Income
    $675,000
    Energy
    $720,000
    Income-Based Land
    $730,000
    Food Service
    $830,000

Location Insight

  • Map
  • Local Demand
City
Clay
County
St. Clair
State
Michigan
Longitude
-82.6215
Latitude
42.6648
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,448
$0.00
$0.00
$46,100
-
$0.00
$0.00
$92,200
More about this property
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