Property profile

16850 Southfield Rd Allen Park, MI 48101

OFF-MARKET
Hotels
Property ID
US43-3115454
70,100 SF 2.4 ac lot Built 2019
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2019
Total area 70,100 SF
Lot 2.4 ac (104,544 SF)
Zoning code C 6C
APN 30 001 03 0002 000
UPID US43-3115454

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
  • Hotel & Motel
  • Cosmetic Store
  • Tour Operator

Location

16850 Southfield Rd Allen Park, MI 48101-2557
Allen Park metro Census 576100 DETROIT-WARREN-LIVONIA, 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
$6.84M
Blend (final) Blend
$6.84M

Owner & transaction history

Zoning & alternative use

C 6C · Allen Park, MI
General category MIXED_USE
Top alternative use upside
Commercial (general) $7.7M +76.8%
Restaurant $7.3M +66.6%
Medical building $6.6M +51.5%

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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