Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

20800 Groesbeck Hwy Warren, MI 48089

FOR SALE
Drive through restaurants
Property ID
US43-1778574
3,730 SF 1.53 ac lot Built 1987
Last sale Jun 2024 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 1.53-acre commercial land parcel located at 20800 Groesbeck Highway in Warren, Michigan. The site is positioned one block from Eight Mile Road and is situated among established businesses, providing frontage and access via a highway address on a major east-west roadway. The land is under commercial zoning and was previously occupied by a Burger King. Completed surveys are on hand and existing utility service supports site planning. Public water service is available,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$19k
Tax billed · 2022
Assessed value · 2023$353k
Effective rate5.27%

Value estimate

· Nov 2026
$155k
$140k – $171k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$86/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$63 – $107
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-2
M-1 and M-2. Section 4A.14 (b) - Prohibited Signs: Exterior rope lighting, except temporary lighting. Chairman Sophiea said good evening....
General categoryINDUSTRIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency42.8
Restaurant34.6
Law Firm28.9

Location

20800 Groesbeck Hwy Warren, MI 48089
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12467 8th Mile, Warren, MI 48089-3137 $288,000 Feb 2026 4,000 SF
23656 Van Dyke, Warren, MI 48089-1644 $190,000 May 2025 3,888 SF
26111 Hoover, Warren, MI 48089-1147 $20,350,000 Feb 2025 2,933 SF
22500 Van Dyke, Warren, MI 48089-2350 $160,000 Jan 2025 4,000 SF
22759 Van Dyke, Warren, MI 48089-2357 $225,000 Jan 2024 3,397 SF
22865 Van Dyke, Warren, MI 48089-2356 $200,000 Jun 2023 3,440 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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