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Financial
Distress signals
Property profile

10617 Jefferson Ave River Rouge, MI 48218

OFF-MARKET
Turn key restaurants
Property ID
US43-5175539
1,716 SF 0.09 ac lot Built 1930
Last sale Sep 2004 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,710 square foot restaurant building is available for sale at 10617 W Jefferson Ave, River Rouge, MI 48218. Located in Wayne County, this single-tenant property presents a fantastic investment opportunity. The building is zoned B1 CEB, offering flexibility for various commercial uses. The property's prime location ensures high visibility and accessibility, attracting a steady stream of customers. The existing restaurant setup provides a turnkey operation, minimizing…

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$20k
Effective rate10.43%

Value estimate

· Oct 2026
$250k
$225k – $275k

Realmo valuation models over county records and 10 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 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?
B1 CEN
JurisdictionWAYNE

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 agency32.8
Law Firm29.3
Spa & Massage22.3

Location

10617 Jefferson Ave River Rouge, MI 48218-1229
County assessor Recorded deeds · 7 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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
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