Property profile

1405 Ecorse Rd Ypsilanti, MI 48198

FOR SALE
Golf courses & driving ranges
Property ID
US43-5188898
6,102 SF 0.46 ac lot Built 1972
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This 6,102 square-foot, single-story building in Ypsilanti, Michigan, presents a unique opportunity for a variety of businesses. Situated on a 0.46-acre corner lot at the highly visible intersection of Ecorse Road and Woodlawn Street, this property boasts excellent visibility and accessibility. The building features a fully equipped, expansive kitchen with a hood system, a large walk-in cooler, ample interior space suitable for dining or a dance floor, and dedicated office spaces. Additional space is available for private events. Convenient at-the-door parking is complemented by rear parking. The NC (Neighborhood Corridor) zoning allows for diverse uses. This prime location, on a major thoroughfare with close proximity to residential areas, offers significant potential for a restaurant, event venue, retail store, or similar enterprise. The property's prominent pylon and building signage ensure high visibility. The address is 1405 Ecorse Rd, Ypsilanti, MI 48198, with Washtenaw County APN K-11-11-331-008.

Property profile

Verified
Property type Golf courses & driving ranges
Use group COUNTRY CLUB
Year built 1972
Total area 6,102 SF
Lot 0.46 ac (20,038 SF)
APN K -11-11-331-008
UPID US43-5188898

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
  • Volunteer Organization Community Center

Location

1405 Ecorse Rd Ypsilanti, MI 48198
Ypsilanti metro Census 412000 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2024
Last sale
$205,000
6 recorded transactions
2024
Price N/A
2024
$205,000
2023
$200,496
2023
$225,000
2023
Price N/A
2004
$100,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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