Property profile

1581 Van Horn Rd Trenton, MI 48183

OFF-MARKET
Commercial land
Property ID
US43-1141594
0.2 ac lot Built 1996
Individually Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 2,376 square foot former McDonald's restaurant in Trenton, Michigan, presents a unique investment opportunity. Located at 1581 Van Horn Rd, 48183, this NNN-leased property boasts a prime location at a signalized intersection, ensuring high visibility and accessibility. The property benefits from extremely heavy traffic volume due to its proximity to the main entrance of the Grosse Ile Bridge and Elizabeth Park Boat Launch, attracting significant recreational traffic. Its adjacency to major employers like the Chrysler Trenton Engine Plant and DTE Energy guarantees a substantial customer base. The site features multiple drive-thru lanes, a significant advantage for quick-service restaurants. Build-to-suit options are available, and there's potential for expansion by incorporating neighboring properties. The asking price is $749,000, translating to $315.24 per square foot. Strong demographics and the high concentration of boaters and recreational users in the area further enhance the property's appeal. This location offers exceptional potential for a variety of QSR or restaurant concepts.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1996
Lot 0.2 ac (8,712 SF)
Zoning code R1
APN 54 023 01 0010 300
UPID US43-1141594

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
  • Restaurant Take-out & Catering

Location

1581 Van Horn Rd Trenton, MI 48183-4225
Trenton metro Census 982301 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

R1 · Trenton, 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
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