Property profile

27700 23rd Mile Rd Chesterfield, MI 48051

OFF-MARKET
Drive through restaurants
Property ID
US43-1714060
3,561 SF 1.1 ac lot Built 2007
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2007
Construction BRICK
Total area 3,561 SF
Lot 1.1 ac (47,916 SF)
Zoning code C2 SHO
APN 15-09-20-126-012
UPID US43-1714060

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

27700 23rd Mile Rd Chesterfield, MI 48051-2311
Chesterfield metro Census 221100 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
$839k
Blend (final) Blend
$420k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2018
Price N/A

Zoning & alternative use

C2 SHO · Chesterfield, MI
Top alternative use upside
Retail stores $660,000 +31.2%

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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