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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Drive through restaurants
1120 14th Mile Rd, Clawson, MI 48017-1493
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US43-0280894
Property summary
AI-generated overview
This exceptional investment opportunity presents a Del Taco restaurant located at 1120 W 14 Mile Rd, Clawson, Michigan 48017. The property, built in 1982, encompasses 2,739 square feet on a 0.68-acre lot and is situated in a prime location within a busy commercial area. The property features an Absolute NNN lease with a remaining term of approximately three years, expiring August 14, 2027. The lease commenced July 1, 2007, and has a total term of 20 years. The current asking price is $1,357,143, representing a price per square foot of $495.49 and a 7.00% capitalization rate. The property boasts a 100% occupancy rate and generates a Net Operating Income (NOI) of $95,000 annually. This single-tenant building offers significant upside potential due to its established brand, strong performance history, and high visibility along 14 Mile Road, ensuring consistent customer traffic. The property's location provides ample parking for customers. This is an ideal investment for those seeking a stable, high-performing retail asset with a proven track record. The property is zoned BI.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1982
Total area
2,739 SF
Lot
0.68 ac (29,621 SF)
Zoning code
BI
APN
16-20-33-354-035
UPID
US43-0280894
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
Current use
Occupant on record · Public records
-
Del Taco Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$590k
Owner & transaction history
Hilltop Mhp LLC · 1 yrs held
Hilltop Mhp LLC
since 2025
7 recorded transactions
Zoning & alternative use
BI · Clawson, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$480,000
+1.8%
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 Clawson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clawson 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
RESTAURANT
$475,000
Current use
COMMERCIAL (GENERAL)
$480,000
Change: +2% · Conversion: Easy
RETAIL STORES
$460,000
Change: -2% · Conversion: Easy
MEDICAL BUILDING
$430,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$215 / 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
$21,377
Tax year 2023
Assessed value
$446,810
Assessed 2024
Previous assessed
$446,470
+0.1% YoY
Effective rate
4.78%
On assessed value
Total market value
$893,620
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1982
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,739 SF
Lot
0.68 ac (29,621 SF)
Zoning code
BI
APN
16-20-33-354-035
UPID
US43-0280894
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Clawson, MI
Zoning BI · permitted uses
BI · Clawson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clawson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$475,000
COMMERCIAL (GENERAL)
Est. value
$480,000
RETAIL STORES
Est. value
$460,000
MEDICAL BUILDING
Est. value
$430,000
RESTAURANT Current
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1982
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Hilltop Mhp LLC
Entity
Mailing address
PO BOX 807, NEW HUDSON, MI 48165-1807
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2025
—
Hilltop Mhp LLC
—
Deed
related
$2,500,000 · First State Bank
Jan 8, 2025
—
Hilltop Mhp LLC
Providential Properties LLC
Warranty Deed
—
Apr 7, 2017
—
Providential Properties LLC
—
Deed
related
$455,000 · Bank Of Ann Arbor
Mar 27, 2014
—
Mcdonald Family Trust
Mcdonald,robert J & Ann M
Quit Claim Deed
related
—
Jul 9, 2007
$23,901
Metropolitan Title
Oakland County Treasurer
Grant Deed
—
Apr 6, 2007
$575,000
Providential Properties LLC
Nimrod Corp
Warranty Deed
$375,000 · Comerica Bank
—
—
Providential Properties LLC
—
Deed Of Trust
related
$1,169,968 · Comerica Bank
—
—
Nimrod Corp
—
Deed Of Trust
related
$448,537 · Ge Capital Franchise Finance
—
—
Providential Properties LLC
—
Deed Of Trust
related
$455,000 · Bank Of Ann Arbor
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.
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