Entity Owned Property summary
This exceptional investment opportunity presents a fully equipped, 2,194 square foot restaurant space located at 20195 Mack Avenue in Grosse Pointe Woods, Michigan, 48236. The property, zoned for commercial use, is offered at $1,000,000, translating to $38 per square foot. This freestanding building enjoys a highly visible corner location, a significant advantage for attracting customers. The former Boston Market location boasts a rare and desirable feature: ten dedicated parking spaces,… supplemented by readily available metered street parking. The building has been vacant, presenting a blank canvas for a new culinary venture or a repositioning of the existing space. This is an absolute NNN lease type property. The property's prime location in the heart of Grosse Pointe Woods, coupled with its ample parking and established restaurant infrastructure, makes it an attractive proposition for discerning investors and restaurateurs. This is a unique opportunity, as the property has not been on the market for decades, representing a rare chance to acquire a well-situated commercial property in a thriving community. The building's size and layout are ideal for a variety of restaurant concepts.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 9 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,194 SF
- Lot area
- 0.16 ac
- Year built
- 1992
- Stories
- 1
- APN
- 40 011 01 1554 000
- Zoning
- C
- Assessed value · 2024
- $235,900
- Annual tax · 2022
- $14,513
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The C commercial business district is intended to be that permitting retail business and service uses which are needed to serve the nearby residential areas, In order to promote such business development insofar as it is…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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