Property profile

12301 Michigan Ave Parma, MI 49269

OFF-MARKET
Truck stops
Property ID
US43-1469498
8,680 SF 10.92 ac lot Built 1996
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Truck stops
Use group TRUCK STOP (FUEL AND DINER)
Year built 1996
Total area 8,680 SF
Lot 10.92 ac (475,675 SF)
Zoning code C 2
APN 000-06-26-476-002-00
UPID US43-1469498

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
  • Gas Station
  • Parking Lot & Garage Gas Station
  • Parking Lot & Garage Gas Station
  • Atm

Location

12301 Michigan Ave Parma, MI 49269-9575
Parma metro Census 6500 JACKSON, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2019
3 recorded transactions
2021
Price N/A
2019
Price N/A
2007
Price N/A

Zoning & alternative use

C 2 · Parma, 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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