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    Property profile & analytics
    OFF-MARKET
    Commercial land

    1581 Van Horn Rd, Trenton, MI 48183-4225

    0.2 ac lot Built 1996
    Individually Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1141594
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Ahmad M Shihadeh · 9 yrs held
    Ahmad M Shihadeh
    since 2016
    1 recorded transaction
    2016
    Zoning & alternative use
    R1 · Trenton, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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