22250 Eureka Rd Taylor, MI 48180-5233
Property profile & analytics
22250 Eureka Rd Taylor, MI 48180-5233
- Turn key restaurants
- 5,904 SF
- 1.47 lot acres
Property ID
US43-1375605
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.
Location Intelligence
Current Use by Public Records
- Chick FIL A / Restaurant / Take-out & Catering
Property Details for 22250 Eureka Rd
- Year built
- 1974
- Lot size
- 1.47 lot acres
- Property size
- 5,904 SF
- Zone code
- B-2
- Property type
- Turn key restaurants
- APN
- 60 072 99 0022 002
- APU
- 60072990022002
Description
This exceptional investment opportunity features a brand-new, single-tenant Chick-fil-A restaurant located at 22250 Eureka Rd, Taylor, MI 48180. The property boasts a 15-year absolute NNN ground lease with a corporate guarantee, providing significant security and passive income potential. The 4,995 square foot building, constructed in 2024, sits on a 1.47-acre lot within a thriving retail corridor experiencing high vehicular traffic (54,000+ vehicles per day). The lease includes twelve, five-year options to extend, with attractive 7.5% rent bumps every five years. The property's strategic location within the Southland Shopping Center outlot is surrounded by major retailers such as Kohl's, Sephora, and Macy's, ensuring high visibility and consistent customer traffic. The surrounding area demonstrates strong demographics, with a three-mile population exceeding 67,000 residents and an average household income exceeding $70,013. The median home value within five miles surpasses $140,000, further solidifying the location's desirability. The property offers a compelling 4.55% cap rate and a net operating income (NOI) of $175,000, making it an ideal investment for those seeking a stable, high-performing asset in a prime location. The asking price is $3,846,154, representing a price per square foot of $770. This is a fee simple ownership opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $699,000
- AI Estimate
- $699,000
Market price range: $370k - $974kMarket price range: $370k - $974k -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $610,000 Current use
- RETAIL STORES
- $695,000 Change: +14% Conversion: Easy
- COMMERCIAL (GENERAL)
- $650,000 Change: +6% Conversion: Easy
- OFFICE BUILDING
- $575,000 Change: -6% Conversion: Moderate
- MEDICAL BUILDING
- $555,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2508
- Latitude
- 42.1985
- 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
2023
$0.00
$0.00
$0.00
$360,000
-
$0.00
$0.00
$720,000
