Property profile

22990 Outer Dr Dearborn, MI 48124

OFF-MARKET
Turn key restaurants
Property ID
US43-0678240
960 SF 0.2 ac lot Built 1953
Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1953
Total area 960 SF
Lot 0.2 ac (8,712 SF)
Zoning code BA
APN 82 09 352 21 013
UPID US43-0678240

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
  • Restaurant

Location

22990 Outer Dr Dearborn, MI 48124-4279
Dearborn metro Census 575500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2010
1 recorded transaction
2010
$150,000

Zoning & alternative use

BA · Dearborn, MI
Zoning description

RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 -…

General category COMMERCIAL

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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