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Property profile & analytics
OFF-MARKET
Drive through restaurants

14253 Greenfield Rd Detroit, MI 48227-2105

997 SF 0.11 ac lot Built 1957
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US43-1330232
Property summary
AI-generated overview

This exceptional commercial property, located at 14253 Greenfield Road in Detroit, Michigan, 48227, presents a unique investment opportunity. The 997 square foot freestanding building sits on a high-traffic corner adjacent to a thriving shopping mall, ensuring maximum visibility and accessibility for any business. The property includes ample parking, a significant advantage for attracting customers. The existing restaurant equipment is a key feature, making it an ideal turnkey solution for food service businesses. This strategic location in Wayne County offers immense potential for growth and profitability. The asking price is $299,000. The property is classified as special purpose land and is zoned for commercial use. Its prime location and existing infrastructure make it an attractive proposition for investors seeking a high-return investment or entrepreneurs looking to establish a successful business in a bustling commercial area. The property's convenient access and high visibility make it an ideal location for a variety of commercial ventures. The inclusion of all restaurant equipment represents a significant cost saving for prospective buyers. This is a rare opportunity to acquire a well-situated commercial property in a thriving Detroit neighborhood.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1957
Total area 997 SF
Lot 0.11 ac (4,792 SF)
Zoning code B4
APN 22050889.
UPID US43-1330232
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
Current use
Occupant on record · Public records
  • Detroit Let's Eat Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nikoll Lulgjuraj · 2 yrs held
Nikoll Lulgjuraj
since 2024
Last sale
$75,000
3 recorded transactions
2024
$75,000
2016
Price N/A
2015
Price N/A
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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