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Property profile & analytics
FOR SALE
Drive through restaurants

12661 Mack Ave Detroit, MI 48215

1,616 SF 0.31 ac lot Built 1997
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1620083
12661 Mack Ave, Detroit, MI 48215 For Sale
$100,000 1,616 SF
12661 Mack Ave, Detroit, MI 48215
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Property summary
AI-generated overview

This vacant 1,522 square foot quick-service restaurant (QSR) building in Detroit, Michigan, presents a compelling owner-user or redevelopment opportunity. Located at 12661 Mack Avenue, this fee-simple property sits on a 0.31-acre lot and boasts a drive-thru lane, a significant advantage for future QSR operations. The property is zoned B-4 General Business, allowing for diverse uses. Built in 1997, the building's asking price is $700,000 ($459.92/sq ft). Its prime location along Mack Avenue (12,400 vehicles per day), near the intersection of Conner Street (41,500 VPD), and with convenient access to Interstate 94 (148,000 VPD), ensures high visibility and accessibility. The property benefits from its proximity to Stellantis' Detroit Assembly Complex, a major employer with over 5,000 workers, and a recent $900 million investment in plant modernization. The strong demographics of the 5-mile trade area, including over 247,098 residents and 72,968 employees, and an average household income of $76,456, further enhance its appeal. The 2023 property tax bill was $2,852. This location offers limited QSR competition, presenting a unique chance to capture market share. The property is currently vacant, offering immediate occupancy for redevelopment or owner-user purposes.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1997
Total area 1,616 SF
Lot 0.31 ac (13,504 SF)
Zoning code B4
APN 21001279.002L
UPID US43-1620083
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Eym Realty Of Michigan LLC · 10 yrs held
Eym Realty Of Michigan LLC
since 2016
3 recorded transactions
2017
Price N/A
2016
$244,590
1969
Price N/A
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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