Property profile

10315 W Jefferson Ave River Rouge, MI 48218

FOR SALE
Bars & Pubs
Saved see the list in your Dashboard
Property ID
US43-4407081
1,715 SF 0.04 ac Built 1936
Last sale Jan 2006·$35,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This 1936-built, single-story retail property in River Rouge, Michigan (10315 W Jefferson Ave, 48218) is priced to sell at $130,000. Located minutes from the new International Bridge, this vacant building previously operated as a bar and restaurant and is ready for a new owner. The sale includes existing equipment and fixtures, such as a deep fryer, grill, coolers, refrigerator, and cash register. The building features a kitchen, VIP area, office, and a fenced-in patio. The property boasts…

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 · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$17k
Effective rate10.59%

Value estimate

· Nov 2026
$200k
$180k – $220k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 13.49% cap applied$22k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$50 – $147
Qualifying comparables13

Cap rate analysis

How does the asset earn?
13.49%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2 GEN
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.9
Spa & Massage13.0
Hair Salon11.7

Location

10315 W Jefferson Ave River Rouge, MI 48218
County assessor Recorded deeds · 3 transfers 13 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
116 Great Lks, River Rouge, MI 48218-1592 $207,500 May 2024 1,938 SF
150 Great Lks, River Rouge, MI 48218-1566 $499,000 Nov 2021 1,573 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?