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Property profile & analytics

1090 Rochester Rd Troy, MI 48083-2831

  • Commercial real estate
  • 4,046 SF
  • 0.78 lot acres
OFF-MARKET
Value Estimations
$795,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-0740398
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

  • The Venue In Troy / Hotel & Motel / Resort

Property Details for 1090 Rochester Rd

Year built
1956
Lot size
0.78 lot acres
Property size
4,046 SF
Zone code
M-1
Property type
Commercial real estate
APN
88-20-34-276-017
APU
882034276017

Description

This exceptional turnkey restaurant opportunity in Troy, Michigan, is available for sale at $1,200,000. The property boasts a generous 4,046 square feet of space situated on a 1.7-acre lot at 1090 Rochester Rd, Troy, MI 48083. This freestanding building offers an ideal location with ample parking, catering to a thriving customer base. The sale includes all fixtures, furniture, and equipment (FF&E), along with a valuable Class C liquor license, simplifying the transition for a new owner. The property benefits from a strong demographic profile, with over 275,000 residents within a five-mile radius and an average annual household income exceeding $100,000 in the same area. Its convenient location provides easy access to I-75 freeway, enhancing visibility and accessibility for customers. This presents a rare chance to acquire a well-established restaurant with significant potential for continued success in a prime location. The property is classified as Retail, with a subtype of Restaurant. This is a truly remarkable opportunity for an experienced restaurateur looking to establish or expand their business.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $793,000
    Market price range: $554k - $986k
    AI Estimate
    $793,000
    Market price range: $554k - $986k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $725,000
    Current use
    RETAIL STORES
    $685,000
    Change: -6% Conversion: Easy
    MEDICAL BUILDING
    $640,000
    Change: -12% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Troy
County
Oakland
State
Michigan
Longitude
-83.1331
Latitude
42.5425
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
2022
$13,672
$0.00
$0.00
$274,710
-
$0.00
$0.00
$549,420
More about this property
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