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Financial
Distress signals
Property profile

28801 Telegraph Rd Flat Rock, MI 48134

FOR SALE
Drive through restaurants
Property ID
US43-0995882
1,247 SF 0.23 ac lot
Last sale Oct 2015 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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…

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 · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$78k
Effective rate6.75%

Value estimate

· Oct 2026
$90k
$81k – $99k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$52 – $108
Qualifying comparables6

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.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.3
Law Firm15.9
Spa & Massage11.2

Location

28801 Telegraph Rd Flat Rock, MI 48134
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales 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
28458 Telegraph, Flat Rock, MI 48134-1568 $1,000,000 Apr 2024 2,800 SF
26128 Gibraltar, Flat Rock, MI 48134-1518 $50,000 Mar 2023 2,492 SF
27426 Telegraph, Flat Rock, MI 48134-1011 $250,000 Mar 2022 3,000 SF
25648 Huron Riv, Flat Rock, MI 48134-1490 $70,000 Aug 2020 2,352 SF
13275 Telegraph, Flat Rock, MI 48134-9612 $250,000 Jul 2020 2,000 SF
27250 Telegraph, Flat Rock, MI 48134-1608 $170,000 Apr 2019 1,343 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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Ask anything about this address in plain English.
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