Property profile

114 Middle St Chelsea, MI 48118

OFF-MARKET
Drive through restaurants
Property ID
US43-1382690
2,006 SF 0.07 ac lot Built 1930
Trust Owned 24-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 1930
Total area 2,006 SF
Lot 0.07 ac (2,919 SF)
Zoning code C5 CENT
APN 06-06-12-161-022
UPID US43-1382690

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
  • Restaurant

Location

114 Middle St Chelsea, MI 48118-1225
Chelsea metro Census 446200 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2002
5 recorded transactions
2024
Price N/A
2016
Price N/A
2002
Price N/A
1992
$54,212
1969
Price N/A

Zoning & alternative use

C5 CENT · Chelsea, MI

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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