Technical
Financial
Distress signals
Property profile

1187 Gratiot Ave SB Clinton Township, MI 48036

OFF-MARKET
Turn key restaurants
Property ID
US43-1811169
2,011 SF 0.52 ac lot Built 1976
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Total area 2,011 SF
Lot 0.52 ac (22,608 SF)
Zoning code B-3
APN 16-11-23-129-017
UPID US43-1811169

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

1187 Gratiot Ave, Unit SB Clinton Township, MI 48036-3502
Clinton Township metro Census 241000 DETROIT-WARREN-LIVONIA, 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
$260k

Owner & transaction history

since 2023
Last sale
$250,000
3 recorded transactions
2023
Price N/A
2022
$250,000
2022
Price N/A

Zoning & alternative use

B-3 · Clinton Township, 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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