Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20779 13th Mile Rd Roseville, MI 48066-4503
    Back to Search
    Property profile & analytics

    20779 13th Mile Rd Roseville, MI 48066-4503

    View on Map
    • Drive through restaurants
    • 1,885 SF
    • 0.62 lot acres
    Off-Market
    Property ID
    US43-4317466
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Taco Bell / Restaurant / Take-out & Catering

    Property Details for 20779 13th Mile Rd

    Year built
    2018
    Lot size
    0.62 lot acres
    Property size
    1,885 SF
    Zone code
    B-2
    Property type
    Drive through restaurants
    APN
    08-14-03-353-008
    APU
    81403353008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9078
    Latitude
    42.5254
    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
    $23,838
    $0.00
    $0.00
    $349,600
    -
    $0.00
    $0.00
    $699,200

    Comparable in this City

    • Value Estimation
      $970,000
      4,119 SF

      26765 Gratiot Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,119 SF
      26765 Gratiot Ave, Roseville, MI 48066-5121
      View Details
    • Value Estimation
      $520,000
      2,197 SF

      31621 Gratiot Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,197 SF
      31621 Gratiot Ave, Roseville, MI 48066-4553
      View Details
    • Value Estimation
      $690,000
      2,922 SF

      32439 Gratiot Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,922 SF
      32439 Gratiot Ave, Roseville, MI 48066-1156
      View Details
    • Value Estimation
      $1,000,000
      4,645 SF

      30820 Little Mack Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,645 SF
      30820 Little Mack Ave, Roseville, MI 48066-1700
      View Details
    • Value Estimation by Request
      735 SF

      25260 Gratiot Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 735 SF
      25260 Gratiot Ave, Roseville, MI 48066-4418
      View Details
    • Value Estimation by Request
      1,782 SF

      27875 Gratiot Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,782 SF
      27875 Gratiot Ave, Roseville, MI 48066-4848
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,340 SF

      Gratiot Avenue Investment Opportunity

      Mixed-use property with drive-thru, excellent exposure, and investment potential.
      25333 Gratiot Ave, Roseville, MI 48066
      View Details
    • $900,000
      12,340 SF

      Gratiot Avenue Commercial Property

      Commercial property with drive-thru, roll-up doors, and expressway access.
      25333 Gratiot Ave, Roseville, MI 48066
      View Details
    • Contact for pricing
      10,455 SF

      Single-Tenant Cracker Barrel Asset

      NNN leased Cracker Barrel in Roseville, MI for sale.
      30750 Little Mack Ave, Roseville, MI 48066
      View Details
    • $274,900
      3,190 SF

      Gratiot Avenue Multi-Property Opportunity

      Two commercial buildings in high-traffic area, excellent exposure.
      28640 Gratiot Ave, Roseville, MI 48066
      View Details
    • Contact for pricing
      166,890 SF

      Kmart Retail Space Available

      Large retail space available for sale or lease.
      17580 Frazho Rd, Roseville, MI 48066
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Development Opportunity

      Vacant land parcel with drive-thru approval in high-traffic area.
      31327 Gratiot Ave, Roseville, MI 48066
      View Details
    • $53 SF/Yr
      18,131 SF

      Roseville Retail Space For Lease

      Prime Restaurant Space, Macomb East, MI
      32901 Gratiot Ave, Roseville, MI 48066
      View Details
    • Contact for pricing
      4,698 SF

      Restaurant Space For Lease

      4,698 SF restaurant space with high traffic exposure.
      20600 E 13 Mile Rd, Roseville, MI 48066
      View Details
    • Contact for pricing

      Showroom and Warehouse Space Available

      Window-lined showroom with warehouse component in high-traffic area.
      29710 Groesbeck Hwy, Roseville, MI 48066
      View Details
    • Contact for pricing

      Retail Space Next to Ross

      Retail space available next to Ross Dress For Less.
      32074 Gratiot Ave, Roseville, MI 48066
      View Details

    Property Visit Statistics

    • Visits by month
      15.3k
    • Visitors by month
      16.6k
    • Avg Time on site
      12 min
    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.
    20779 13th Mile Rd
    Roseville, MI 48066-4503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    20779 13th Mile Rd, Roseville, MI, 48066
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!