Property profile

3150 Michigan Ave Ypsilanti, MI 48197

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1756242
4,546 SF 2.84 ac lot Built 2001
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2001
Total area 4,546 SF
Lot 2.84 ac (123,710 SF)
APN K -11-18-340-002
UPID US43-1756242

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
  • Grocery & Convenience Store
  • Car Wash
  • Gas Station
  • Electric Utility Company

Location

3150 Michigan Ave Ypsilanti, MI 48197-9045
Ypsilanti metro Census 413403 ANN ARBOR, 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
by Request
Blend (final) Blend
$1.69M

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2016
$1.7M
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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