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    Property profile & analytics

    15777 Eureka Rd Southgate, MI 48195-2623

    • Turn key restaurants
    • 8,497 SF
    • 3.94 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1120212
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Red Robin Gourmet Burgers and Brews / Family Restaurant / Takeout Restaurant

    Property Details for 15777 Eureka Rd

    Year built
    1997
    Lot size
    3.94 lot acres
    Property size
    8,497 SF
    Zone code
    C-2 GEN BUS
    Property type
    Turn key restaurants
    APN
    53 021 03 0002 305
    APU
    53021030002305

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Southgate
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2165
    Latitude
    42.1976
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $61,554
    $0.00
    $0.00
    $846,800
    -
    $0.00
    $0.00
    $1,693,600

    Comparable in this City

    • Value Estimation by Request
      99,733 SF

      13305 Eureka Rd

      RESTAURANT • 99,733 SF
      13305 Eureka Rd, Southgate, MI 48195-1309
      View Details
    • Value Estimation by Request
      2,280 SF

      12118 Ft St

      RESTAURANT • 2,280 SF
      12118 Ft St, Southgate, MI 48195-1006
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    • Value Estimation by Request
      2,352 SF

      15612 Ft St

      RESTAURANT • 2,352 SF
      15612 Ft St, Southgate, MI 48195-1306
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    • Value Estimation by Request
      6,705 SF

      15231 Trenton Rd

      RESTAURANT • 6,705 SF
      15231 Trenton Rd, Southgate, MI 48195-3167
      View Details
    • Value Estimation by Request
      9,122 SF

      15355 Eureka Rd

      RESTAURANT • 9,122 SF
      15355 Eureka Rd, Southgate, MI 48195-2648
      View Details
    • Value Estimation by Request
      9,020 SF

      13999 Eureka Rd

      RESTAURANT • 9,020 SF
      13999 Eureka Rd, Southgate, MI 48195-2059
      View Details

    Similar Nearby for Sale

    • $175,000
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      Turnkey Burger Restaurant Opportunity

      High-traffic burger restaurant with $750K revenue in year one.
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    • Contact for pricing
      8,778 SF

      Dix Toledo Rd Restaurant - Southgate, MI

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      High-traffic retail location with ample parking and partnership potential.
      19400 Northline Rd, Southgate, MI 48195
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    • $99,900
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      Southgate Property with Business Potential

      Residential property in Southgate, MI, with potential for business conversion.
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      Dix-Toledo Shopping Center for Sale

      91% leased community shopping center with national tenant base.
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    Similar Nearby for Lease

    • $13 SF/Yr
      24,912 SF

      14605 Northline Rd

      Restaurants • 24,912 SF
      14605 Northline Rd, Southgate, MI 48195
      View Details
    • Contact for pricing
      2,500 SF

      Retail Outlot with Drive-Thru

      Retail space with drive-thru capability available for ground lease.
      14437 Eureka Rd, Southgate, MI 48195
      View Details
    • Contact for pricing
      8,778 SF

      Southgate Retail Space - Dix Toledo Rd

      High-visibility retail space, ample parking.
      14980 Dix Toledo Rd, Southgate, MI 48195
      View Details
    • $187 SF/Yr
      1,000 SF

      Southgate Retail Space: Prime Location

      1,000 sq ft Retail Space - Immediate Occupancy
      13256 Northline Rd, Southgate, MI 48195
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    • Contact for pricing

      Southgate Commercial Space Available

      Prime commercial property in Southgate, Michigan, suitable for various uses.
      1 Heritage Pl, Southgate, MI 48195
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    • $1,250 /Mo

      Eureka Road Retail/Office Space

      Retail or office space available for lease on Eureka.
      18708 Eureka Rd, Southgate, MI 48195
      View Details

    Property Visit Statistics

    • Visits by month
      20.8k
    • Visitors by month
      18.9k
    • Avg Time on site
      56 min
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    15777 Eureka Rd
    Southgate, MI 48195-2623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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