Technical
Financial
Distress signals
Property profile

1590 Main St Chelsea, MI 48118

OFF-MARKET
Drive through restaurants
Property ID
US43-1056598
3,119 SF 1.04 ac lot Built 1985
Entity Owned 27-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1985
Total area 3,119 SF
Lot 1.04 ac (45,433 SF)
Zoning code C3 HIG
APN 06-06-13-380-014
UPID US43-1056598

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
  • Restaurant

Location

1590 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
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Comparable Approach Comparable
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Blend (final) Blend
$395k

Owner & transaction history

since 1999
6 recorded transactions
2016
Price N/A
2011
Price N/A
2003
Price N/A
1999
Price N/A
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
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