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Property profile & analytics
OFF-MARKET
Commercial real estate
2429 Grand Riv Ave, Howell, MI 48843-8546
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1305131
Property summary
AI-generated overview
This exceptional 1,020-square-foot restaurant space, located at 2429 E Grand River in Howell, Michigan, presents a fantastic opportunity for a savvy investor or entrepreneur. Priced at $175,000, this property boasts a desirable location within Livingston County's General Commercial District, ensuring high visibility and accessibility. Built in 1920, the single-story building offers ample space for a variety of culinary concepts. The existing layout includes a fully functional kitchen, complete with a hood system, ready for immediate use. The property features excellent signage opportunities, maximizing its marketing potential. Six parking spaces are conveniently available for patrons. The property's APN is 11-06-101-020, and the zip code is 48843. With a net rentable area of 1,020 square feet, the price per square foot is $171.57. This turnkey opportunity is ideal for a quick-service restaurant or carry-out establishment looking to establish a presence in a thriving community. Don't miss this chance to own a piece of Howell's vibrant culinary scene.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
FRAME
Total area
1,020 SF
Lot
0.2 ac (8,538 SF)
Zoning code
GCD
APN
11-06-101-020
UPID
US43-1305131
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
-
Mary's Fabulous Chicken & Fish 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
Bql Management LLC · 1 yrs held
Bql Management LLC
since 2025
Last sale
$155,000
3 recorded transactions
Zoning & alternative use
GCD · Howell, 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 Howell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Howell 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
$3,818
Tax year 2019
Assessed value
$76,800
Assessed 2023
Previous assessed
$76,000
+1.1% YoY
Effective rate
4.97%
On assessed value
Total market value
$153,600
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
Off-Market
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Bathrooms
1
Total area
1,020 SF
Lot
0.2 ac (8,538 SF)
Zoning code
GCD
APN
11-06-101-020
UPID
US43-1305131
Jurisdiction
LIVINGSTON
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
GCD · Howell, MI
Zoning GCD · permitted uses
GCD · Howell, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Howell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Bathrooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Bql Management LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5380 E GRAND RIV AVEB, HOWELL, MI 48843-9101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2025
$155,000
Bql Management LLC
Mejo Management LLC
Warranty Deed
—
Sep 22, 2015
$73,000
Madjord LLC
Wolf,leonard & Martha
Warranty Deed
—
Jun 23, 2015
—
Leonard Wolf
Dunk Thomas & Kathleen
Quit Claim Deed
related
—
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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