12661 Mack Ave Detroit, MI 48215
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.