Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1600 Rochester Rd Troy, MI 48083

OFF-MARKET
Other commercial real estate
Property ID
US43-1043482
4,590 SF 0.32 ac lot Built 1977
Last sale Oct 2004 · $433,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a restaurant building with a total of 4,590 square feet on the main level, configured with a full kitchen, a dining area, and a separate room suitable for private banquets. A high-ceiling basement provides an additional 4,500 square feet and includes two ingress and egress points. The building was constructed in 1977 and is zoned MR. The liquor license is not part of the building itself and would need to be acquired separately, and an additional off-street parking lot may be available as an adjunct to the property.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value$431k
Effective rate2.75%

Value estimate

· Oct 2026
$310k
$279k – $341k
Submarket $/SF estimate$1.12M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$179/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$137 – $244
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage16.1
Hair Salon14.0
Nail Salon13.1

Location

1600 Rochester Rd Troy, MI 48083-1831
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2500 Rochester, Troy, MI 48083-1873 $685,000 Dec 2025 5,816 SF
1982 Livernois, Troy, MI 48083-1700 $540,000 May 2025 4,750 SF
2180 Livernois, Troy, MI 48083-1671 $920,000 Apr 2025 5,372 SF
2558 Maple, Troy, MI 48083-4424 $440,000 Apr 2024 4,340 SF
1490 Maple, Troy, MI 48083-4019 $650,000 Mar 2024 3,960 SF
3900 Rochester, Troy, MI 48083-5248 $800,000 Mar 2024 4,396 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 1600 Rochester Rd?
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
Why this one?
Saved
Reason not saved — we won't ask again