Property profile

26548 Dequindre Rd Warren, MI 48091

OFF-MARKET
Turn key restaurants
Property ID
US43-5168070
4,690 SF 1.13 ac lot Built 1996
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional free-standing restaurant building, located at 26548 Dequindre Road in Warren, Michigan, presents a unique investment opportunity. The property boasts 4,798 square feet of space situated on a generous 1.13-acre lot, offering ample room for expansion or modification. The building is currently vacant, providing a blank canvas for a new culinary venture. Its prime location on the east side of Dequindre Road, just north of the I-696 interchange, ensures excellent visibility and accessibility. The property features prominent monument signage, further enhancing its marketing potential. Ample parking is available with 69 spaces. The building's previous tenant was an IHOP restaurant. This location benefits from its proximity to the Universal Shopping Center, a major retail hub anchored by Target, Marshall's, Petco, Burlington Coat Factory, Kroger, and MJR Universal Grand 16 movie theater, guaranteeing high foot traffic and a strong customer base. The asking price for this turnkey property is $650,000. This is an ideal opportunity for an established restaurant chain or an ambitious entrepreneur seeking a high-traffic location in a thriving commercial area. The property is zoned for restaurant use.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Total area 4,690 SF
Lot 1.13 ac (49,049 SF)
Zoning code M-2
APN 12-13-19-101-008
UPID US43-5168070

Cap rate & NOI

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

Location

26548 Dequindre Rd Warren, MI 48091-3937
Warren metro Census 262300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$445k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2020
$400,000
2014
$1.6M
2013
$1.6M

Zoning & alternative use

M-2 · Warren, MI
Zoning description

M-1 and M-2. Section 4A.14 (b) - Prohibited Signs: Exterior rope lighting, except temporary lighting. Chairman Sophiea said good evening. CITY OF WARREN ZONING BOARD OF APPEALS Minutes of August 13, 2025 Page 12 Sarah Mh…

General category INDUSTRIAL

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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