Property profile

27412 Michigan Ave Inkster, MI 48141

OFF-MARKET
Turn key restaurants
Property ID
US43-1051667
1,008 SF 0.17 ac lot Built 1982
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,000-square-foot commercial property, located at 27412 Michigan Ave in Inkster, Michigan (Wayne County, zip code 48141), presents a unique investment opportunity. The single-tenant building boasts a prime location with excellent visibility and frontage on both Michigan Avenue and Inkster Road, ensuring high traffic exposure. The property is categorized as retail, office, and restaurant space, offering versatility for a wide range of businesses. Currently vacant, the entire 1,000 square feet is available for immediate occupancy. The building is a single-story structure, offering convenient access and functionality. Ample parking is available for customers and employees. Previously occupied by a Coney Island restaurant, this adaptable space is ready for its next chapter. Its location in Inkster, Michigan, provides easy access to major transportation routes and a thriving local community. The property's versatility makes it suitable for various uses, from traditional office space to retail or even a restaurant concept. Don't miss this chance to secure a highly visible and functional commercial space in a desirable location. This property is expected to lease or sell quickly.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Total area 1,008 SF
Lot 0.17 ac (7,405 SF)
APN 44 007 01 0074 003
UPID US43-1051667

Cap rate & NOI

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

Location

27412 Michigan Ave Inkster, MI 48141-2264
Inkster metro Census 570400 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
$65k

Owner & transaction history

since 2024
Last sale
$35,000
3 recorded transactions
2024
$35,000
2020
$35,000
2011
$175,000

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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