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Property profile & analytics
FOR SALE
Commercial real estate
20400 E Austin Rd Manchester, MI 48158
Entity Owned
21-yr Hold
Free & Clear
Property ID
US43-0440132
For Sale
1 / 38
$699,000
20400 E Austin Rd, Manchester, MI 48158
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Lot
1.65 ac (71,874 SF)
Zoning code
CC COMM
APN
P -16-01-400-005
UPID
US43-0440132
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hungry Wolf Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Daves Den LLC · 21 yrs held
Daves Den LLC
since 2004
5 recorded transactions
Zoning & alternative use
CC COMM · Manchester, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$5,384
Tax year 2019
Assessed value
$188,800
Assessed 2024
Previous assessed
$169,100
+11.6% YoY
Effective rate
2.85%
On assessed value
Total market value
$377,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1950
Heating
FORCED AIR
Lot
1.65 ac (71,874 SF)
Zoning code
CC COMM
APN
P -16-01-400-005
UPID
US43-0440132
Jurisdiction
WASHTENAW
Zoning & alternative use
CC COMM · Manchester, MI
Zoning CC COMM · permitted uses
CC COMM · Manchester, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Lot
1.65 ac
Current owner
From public records · entity-resolved
Daves Den LLC
Entity
Free & Clear · 21 yrs held
Mailing address
PO BOX 245, MANCHESTER, MI 48158-0245
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2004
$80,000
Daves Den LLC
Vanluven,raymond
Warranty Deed
—
Nov 21, 2002
—
Daves Den LLC
Van Luven,raymond & Barbara
Grant Deed
related
—
May 29, 2002
—
Raymond Vanluven
Garland,theodore C & Kathryn B
Quit Claim Deed
related
—
May 29, 2002
$57,500
Raymond Vanluven
Mcdowell,gladys M
Grant Deed
—
—
—
Daves Den LLC
—
Deed Of Trust
related
$412,438 · Thompson Denice C Trust (lt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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