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Property profile & analytics
FOR SALE
Drive through restaurants

28801 Telegraph Rd Flat Rock, MI 48134

1,247 SF 0.23 ac lot
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US43-0995882
Property summary
AI-generated overview

This thriving sub shop, Captain Nemo's, presents a fantastic investment opportunity in Flat Rock, Michigan. Located at 28801 Telegraph Rd, 48134, this 1,247 square foot storefront boasts a strong cash flow and significant growth potential. The business enjoys a stellar reputation within Flat Rock and surrounding communities, evidenced by high customer reviews and strong community support. The current owner is willing to provide extensive training to ensure a smooth transition for the new owner. The property benefits from a prime downtown Flat Rock location, offering excellent commercial visibility and the added advantage of outdoor seating. Ample parking is available, with easy ingress and egress for customers and staff. This turnkey operation is ready for a new owner to step in and continue its success. The property is a retail storefront in Wayne County, Michigan, offering a well-established business with a loyal customer base and the potential for further expansion. This is a rare opportunity to acquire a profitable, well-regarded business in a desirable location.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Total area 1,247 SF
Lot 0.23 ac (10,019 SF)
APN 58 094 02 0109 000
UPID US43-0995882
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kelcat LLC · 10 yrs held
Kelcat LLC
since 2015
3 recorded transactions
2015
$100,000
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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