Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    19841 Mack Ave Grosse Pointe Woods, MI 48236-2505

    • Turn key restaurants
    • 6,774 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $1,060,000
    Last Sale
    Oct 12, 2021
    $1,050,000
    Location Intelligence
    Property ID
    US43-1826560
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mack Avenue Grille / American Restaurant / Breakfast Restaurant

    Property Details for 19841 Mack Ave

    Year built
    1956
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property size
    6,774 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    40 011 06 0124 000
    APU
    40011060124000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,070,000
      6.5%
      $1,015,000
      7%
      $975,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,015,000
      Geo Method
      $1,190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,035,000
      Retail
      $1,165,000
      Mixed-Use
      $1,130,000
      Hospitality
      $1,015,000
      Educational
      $1,070,000
      Residential Income
      $1,180,000
      Energy
      $1,110,000
      Income-Based Land
      $940,000
      Food Service
      $895,000

    Location Insight

    • Map
    • Local Demand
    City
    Grosse Pointe Woods
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9096
    Latitude
    42.4298
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $26,391
    $0.00
    $0.00
    $418,400
    -
    $0.00
    $0.00
    $836,800

    Comparable in this City

    • Value Estimation by Request
      2,965 SF

      20791 Mack Ave

      RESTAURANT • 2,965 SF
      20791 Mack Ave, Grosse Pointe Woods, MI 48236-1437
      View Details
    • Value Estimation by Request
      3,122 SF

      20922 Mack Ave

      RESTAURANT • 3,122 SF
      20922 Mack Ave, Grosse Pointe Woods, MI 48236-1315
      View Details
    • Value Estimation by Request
      2,646 SF

      18480 Mack Ave

      RESTAURANT • 2,646 SF
      18480 Mack Ave, Grosse Pointe Farms, MI 48236-3222
      View Details
    • Value Estimation by Request
      2,780 SF

      21150 Mack Ave

      RESTAURANT • 2,780 SF
      21150 Mack Ave, Grosse Pointe Woods, MI 48236-1044
      View Details
    • Value Estimation by Request
      1,380 SF

      19218 Mack Ave

      RESTAURANT • 1,380 SF
      19218 Mack Ave, Grosse Pointe Farms, MI 48236-2806
      View Details
    • Value Estimation by Request
      2,973 SF

      19017 Mack Ave

      RESTAURANT • 2,973 SF
      19017 Mack Ave, Grosse Pointe, MI 48236-2927
      View Details

    Similar Nearby for Sale

    • $439,000
      1,410 SF

      Grosse Pointe Woods Retail Opportunity

      Established seafood market with commercial kitchen on Mack Avenue.
      19531 Mack Ave, Detroit, MI 48236
      View Details
    • $325,000
      4,029 SF

      Grosse Pointe Woods Restaurant Opportunity

      Restaurant business with full liquor license on Mack Avenue.
      20745 Mack Ave, Detroit, MI 48236
      View Details
    • $439,000

      Gourmet Seafood Market For Sale

      Upscale seafood market with established clientele, Mack Avenue location.
      19531 Mack Ave Ave, Grosse Pointe Woods, MI 48236
      View Details
    • $495,000
      2,000 SF

      Freestanding Restaurant - Detroit, MI

      Prime Restaurant Space, Fully Equipped, Vacant.
      18536 Warren Ave, Detroit, MI 48236
      View Details
    • $925,000
      3,278 SF

      Grosse Pointe Woods Retail Space

      Prime Mack Ave location, vacant, 3,278 SF.
      20419 Mack Ave, Grosse Pointe Woods, MI 48236
      View Details
    • $2,666,800
      8,584 SF

      Grosse Pointe Woods Storefront Property

      Renovated storefront on Mack Avenue with parking and full lease.
      19853 Mack Ave, Grosse Pointe, MI 48236
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      11,920 SF

      Grosse Pointe Woods Office Space

      Mack Ave Medical/Office Complex - 11,920 SF
      21300 Mack Ave, Grosse Pointe, MI 48236
      View Details
    • $30 SF/Yr
      10,000 SF

      Grosse Pointe Farms Retail Space

      Prime 10,000 SF Retail Opportunity
      107 Kercheval Ave, Grosse Pointe Farms, MI 48236
      View Details
    • $3,000 /Mo

      Prime Corner Retail/Office Space

      Premier location in Grosse Pointe Woods with utilities included.
      21155 Mack Ave, Detroit, MI 48236
      View Details
    • $29 SF/Yr
      3,300 SF

      Grosse Pointe Retail Space Available

      3,300 sq ft Single-Tenant Retail Space
      20419 Mack Ave, Grosse Pointe, MI 48236
      View Details
    • $1,000 /Mo
      2,000 SF

      Retail Space Available For Rent

      2000 square foot retail space for rent.
      16134 Moross Rd, Detroit, MI 48236
      View Details
    • $30 SF/Yr
      3,278 SF

      Grosse Pointe Woods Retail Space

      High-visibility retail space, ample parking.
      20419 Mack Ave, Grosse Pointe Woods, MI 48236
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19841 Mack Ave
    Grosse Pointe Woods, MI 48236-2505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.