Property profile

121 Main St Spring Arbor, MI 49283

OFF-MARKET
Drive through restaurants
Property ID
US43-0979468
4,160 SF 1.53 ac lot Built 1995
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1995
Total area 4,160 SF
Lot 1.53 ac (66,647 SF)
Zoning code C-3
APN 000-12-16-381-011-00
UPID US43-0979468

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 Take-out & Catering

Location

121 Main St Spring Arbor, MI 49283-9701
Spring Arbor metro Census 5400 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
$531k
Blend (final) Blend
$480k

Owner & transaction history

Zoning & alternative use

C-3 · Spring Arbor, MI
Zoning description

4.4.3 Highway Service Commercial District (C-3): This district is intended to provide for various commercial establishments offering accom- modations, supplies, and services to local as well as through automobile and tru…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 121 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message