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Financial
Distress signals
Property profile

2563 Ellsworth Rd Ypsilanti, MI 48197

OFF-MARKET
Retail space
Property ID
US43-0913236
11,014 SF 1.38 ac lot Built 1998
Last sale Jul 1998 · $335,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This thriving coney island restaurant, located in a busy Ypsilanti strip center, presents a fantastic investment opportunity. Boasting 3,000 square feet on a 1.38-acre lot, this end-unit location offers exceptional visibility and ample parking. The restaurant is conveniently situated near Eastern Michigan University, ensuring a consistent customer base. Currently operating as a breakfast and lunch establishment, the business generates a strong monthly income averaging $43,000-$45,000. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$673k

Value estimate

· Oct 2026
$405k
$365k – $446k
Submarket $/SF estimate$1.47M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$115/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$71 – $151

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWASHTENAW

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.4
Law Firm16.0
Parking Facility11.1

Location

2563 Ellsworth Rd Ypsilanti, MI 48197-5619
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1145 Michigan, Ypsilanti, MI 48197-5124 $340,000 Feb 2025 6,864 SF
4 Hewitt, Ypsilanti, MI 48197-4402 $620,000 Feb 2025 2,400 SF
2170 Packard, Ypsilanti, MI 48197-1832 $499,000 Jan 2023 2,574 SF
5915 Michigan, Ypsilanti, MI 48197-9006 $800,000 Dec 2022 4,332 SF
2200 Ellsworth, Ypsilanti, MI 48197-4806 $1,100,000 Feb 2020 2,950 SF
5511 Michigan, Ypsilanti, MI 48197-9255 $950,000 Aug 2019 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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