Property profile

29300 23rd Mile Rd Chesterfield, MI 48047

OFF-MARKET
Turn key restaurants
Property ID
US43-0907688
5,924 SF 1.27 ac lot Built 1974
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Total area 5,924 SF
Lot 1.27 ac (55,321 SF)
Zoning code C3 GEN
APN 15-09-21-101-027
UPID US43-0907688

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
  • Restaurant Take-out & Catering

Location

29300 23rd Mile Rd Chesterfield, MI 48047-4614
Chesterfield metro Census 221200 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
$790k
Blend (final) Blend
$295k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2016
Price N/A
2011
Price N/A

Zoning & alternative use

C3 GEN · Chesterfield, MI
Top alternative use upside
Retail stores $1.1M +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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