Property profile

17800 Vernier Rd Harper Woods, MI 48225

OFF-MARKET
Drive through restaurants
Property ID
US43-1740723
4,051 SF 1.35 ac lot
Entity Owned 4-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
Total area 4,051 SF
Lot 1.35 ac (58,806 SF)
Zoning code RS-1
APN 42 009 01 0002 301
UPID US43-1740723

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17800 Vernier Rd Harper Woods, MI 48225-1005
Harper Woods metro Census 551400 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
$597k
Blend (final) Blend
$380k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
Price N/A
2019
Price N/A
2019
Price N/A
2016
$40.0M
2006
Price N/A
1969
Price N/A

Zoning & alternative use

RS-1 · Harper Woods, MI
Top alternative use upside
Commercial (general) $370,000 +0.1%

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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