Property profile

116 Great Lks St River Rouge, MI 48218

OFF-MARKET
Retail space
Property ID
US43-0873665
1,938 SF 0.11 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 1,938 SF
Lot 0.11 ac (4,792 SF)
Zoning code B2 GEN
APN 50 004 15 0007 000
UPID US43-0873665

Cap rate & NOI

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

Location

116 Great Lks St River Rouge, MI 48218-1592
River Rouge metro Census 579200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2024
Last sale
$207,500
7 recorded transactions
2024
$207,500
2022
Price N/A
2020
$45,000
2015
Price N/A
2015
Price N/A
2015
Price N/A
2015
$35,000

Zoning & alternative use

B2 GEN · River Rouge, 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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