Property profile

24305 Meridian Rd Grosse Ile, MI 48138

OFF-MARKET
Grocery and convenience stores
Property ID
US43-0354823
2,310 SF 0.56 ac lot
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Total area 2,310 SF
Lot 0.56 ac (24,394 SF)
Zoning code R-1-F
APN 73 029 01 0051 301
UPID US43-0354823

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24305 Meridian Rd Grosse Ile, MI 48138-1667
Grosse Ile metro Census 596200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$526k
Blend (final) Blend
$525k

Owner & transaction history

since 2014
3 recorded transactions
2014
$265,000
2014
Price N/A
2005
Price N/A

Zoning & alternative use

R-1-F · Grosse Ile, MI

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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