Property profile

1640 Commerce Park Dr Chelsea, MI 48118

OFF-MARKET
Drive through restaurants
Property ID
US43-0457204
3,748 SF 3.4 ac lot Built 1999
Entity Owned 22-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 1999
Total area 3,748 SF
Lot 3.4 ac (148,104 SF)
Zoning code C3 HIG
APN 06-06-13-380-025
UPID US43-0457204

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

1640 Commerce Park Dr Chelsea, MI 48118-1452
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2004
4 recorded transactions
2004
Price N/A
2004
$75,000
2003
$150,000
2002
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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