Property profile

1500 Main St Chelsea, MI 48118

OFF-MARKET
Automotive properties
Property ID
US43-1625561
9,300 SF 1.71 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Total area 9,300 SF
Lot 1.71 ac (74,488 SF)
Zoning code C3 HIG
APN 06-06-13-380-002
UPID US43-1625561

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
  • Car Dealership Auto Repair Shop

Location

1500 Main St Chelsea, MI 48118-1411
Chelsea metro Census 446200 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$915k

Owner & transaction history

since 2015
5 recorded transactions
2021
Price N/A
2016
Price N/A
2015
$875,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C3 HIG · Chelsea, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1500 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message