Property profile

11666 Woodbine Redford, MI 48239

OFF-MARKET
Bars & Pubs
Property ID
US43-1044365
2,360 SF 0.23 ac lot Built 1951
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 11666 Woodbine in Redford, Michigan, presents a unique investment opportunity. The 2,360 square foot building is constructed of durable cinder block and sits on a sizable 0.23-acre lot (128x127 feet). Its strategic location offers significant advantages, boasting two entrances, one of which directly faces Telegraph Road, a major thoroughfare. The property's proximity to Plymouth Road further enhances its visibility and accessibility. The potential for a drive-thru is available, subject to approval from the Michigan Department of Transportation (MDOT). The diverse range of potential uses for this property is considerable, including retail, food service (such as pizza), party stores, or office space. This location benefits significantly from its adjacency to the former GM Diesel Plant, which has recently announced a substantial $285 million expansion project. This expansion is expected to bring increased traffic and economic activity to the immediate area, making this property an even more attractive investment. Please note that a liquor license is not included in the sale price of $375,000. This is a rare opportunity to acquire a well-situated commercial property in a rapidly developing area.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1951
Construction CONCRETE BLOCKS
Total area 2,360 SF
Lot 0.23 ac (10,019 SF)
APN 79 036 01 0191 000
UPID US43-1044365

Cap rate & NOI

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

Location

11666 Woodbine Redford, MI 48239-2416
Redford metro Census 555300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2025
Last sale
$410,000
3 recorded transactions
2025
$410,000
2025
Price N/A
2008
Price N/A

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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