Property profile

11397 Jefferson Ave River Rouge, MI 48218

OFF-MARKET
Drive through restaurants
Property ID
US43-1921552
7,040 SF 0.14 ac lot Built 1939
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1939
Total area 7,040 SF
Lot 0.14 ac (6,098 SF)
Zoning code B2 GEN
APN 50 004 18 0001 001
UPID US43-1921552

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

11397 Jefferson Ave River Rouge, MI 48218-1211
River Rouge metro Census 579200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M

Owner & transaction history

since 2024
Last sale
$1.2M
6 recorded transactions
2024
$1.2M
2019
$50,000
2016
$15,855
2016
Price N/A
2005
$165,000
1969
Price N/A

Zoning & alternative use

B2 GEN · River Rouge, MI
Top alternative use upside
Apartment house (5+ units) $1.6M +150.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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