Property profile

11551 Brooklyn Rd Brooklyn, MI 49230

OFF-MARKET
Turn key restaurants
Property ID
US43-0850682
3,184 SF 3.99 ac lot Built 1998
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,184 square foot freestanding retail property, located at 11551 Brooklyn Road in Brooklyn, Michigan, presents a unique investment opportunity. Situated on a generous 3.99-acre lot, this C-2 zoned property boasts a fully built-out kitchen and bar area, making it ideally suited for a restaurant or similar establishment. Its strategic location offers significant advantages, being less than 1.5 miles from the renowned Michigan International Speedway, ensuring high visibility and potential for substantial foot traffic, particularly during race events. The ample lot size provides significant expansion possibilities or ample parking. The property's existing infrastructure, including the fully equipped kitchen and bar, represents a significant cost saving for potential buyers. This turnkey solution allows for immediate occupancy and operation, minimizing start-up time and expenses. The property's zoning designation, C-2, allows for a variety of commercial uses, offering flexibility for future development and adaptation to changing market demands. This is a rare opportunity to acquire a well-located, fully equipped commercial property with significant potential for growth and profitability in a vibrant community. The property is offered for sale and is ready for immediate possession.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 3,184 SF
Lot 3.99 ac (173,979 SF)
Zoning code AG
APN 000-20-30-301-002-08
UPID US43-0850682

Cap rate & NOI

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

Location

11551 Brooklyn Rd Brooklyn, MI 49230-8486
Brooklyn metro Census 6305 JACKSON, 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
$435k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2017
Price N/A
2015
Price N/A
2013
$325,000
2005
$500,000
1969
Price N/A

Zoning & alternative use

AG · Brooklyn, 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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