Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Grocery and convenience stores
11030 Jefferson Ave River Rouge, MI 48218-1228
Entity Owned
14-yr Hold
Free & Clear
Property ID
US43-0357792
Property summary
AI-generated overview
This exceptional business opportunity in River Rouge, Michigan, presents a fully equipped and operational oil change, tire shop, and minor mechanical repair facility. The 2,500 square foot facility is a turnkey operation, ready for immediate use, catering to a broad customer base seeking routine maintenance and repairs. Services include oil changes, fluid checks, tire installations, rotations, and repairs, along with minor mechanical services. Skilled technicians are currently on-site. A significant advantage is the inclusion of a vacant lot, offering considerable potential for expansion or customization to suit the new owner's vision. This could involve expanding existing services, adding new offerings, or creating additional facilities. The property is located at 11030 W Jefferson Avenue, River Rouge, MI 48218, and is currently generating $1500 in monthly rent. The asking price for this complete package is $170,000. This represents a unique chance to acquire an established business with immediate income potential and significant growth opportunities. The property is in Wayne County and sits on a sizable lot.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1940
Total area
5,286 SF
Lot
0.03 ac (1,307 SF)
Zoning code
B2 GEN
APN
50 004 02 0001 001
UPID
US43-0357792
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$633k
Blend (final)
Blend
$635k
Owner & transaction history
Jefferson Land Co LLC · 14 yrs held
Jefferson Land Co LLC
since 2011
1 recorded transaction
Zoning & alternative use
B2 GEN · River Rouge, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$485,000
+20.5%
Restaurant
$480,000
+20.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs River Rouge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs River Rouge submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$400,000
Current use
COMMERCIAL (GENERAL)
$485,000
Change: +21% · Conversion: Easy
RESTAURANT
$480,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$120 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,965
Tax year 2023
Assessed value
$231,900
Assessed 2024
Previous assessed
$217,400
+6.7% YoY
Effective rate
8.61%
On assessed value
Total market value
$463,800
Applied tax rate
82,120.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1940
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
5,286 SF
Lot
0.03 ac (1,307 SF)
Zoning code
B2 GEN
APN
50 004 02 0001 001
UPID
US43-0357792
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B2 GEN · River Rouge, MI
Zoning B2 GEN · permitted uses
B2 GEN · River Rouge, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
River Rouge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$400,000
COMMERCIAL (GENERAL)
Est. value
$485,000
RESTAURANT
Est. value
$480,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Jefferson Land Co LLC
Entity
Free & Clear · 14 yrs held
Mailing address
11030 W JEFFERSON AVE, RIVER ROUGE, MI 48218-1228
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2011
—
Jefferson Land Co LLC
Three Cs INC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11030 Jefferson Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
