Property profile

201 Lafayette St South Lyon, MI 48178

OFF-MARKET
Turn key restaurants
Property ID
US43-1422525
10,875 SF 0.51 ac lot Built 2017
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2017
Total area 10,875 SF
Lot 0.51 ac (22,216 SF)
Zoning code BI
APN 80-21-19-476-018
UPID US43-1422525

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
  • Bar & Pub Restaurant
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

201 Lafayette St South Lyon, MI 48178-1212
South Lyon metro Census 139201 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
$1.88M
Blend (final) Blend
$1.69M

Owner & transaction history

since 2024
7 recorded transactions
2024
$550,000
2018
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BI · South Lyon, MI
Top alternative use upside
Commercial (general) $1.9M +1.8%

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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