Property profile

33491 23rd Mile Rd Chesterfield, MI 48047

OFF-MARKET
Drive through restaurants
Property ID
US43-1090860
3,077 SF 1.25 ac lot Built 1988
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1988
Construction BRICK
Total area 3,077 SF
Lot 1.25 ac (54,450 SF)
Zoning code C3 GEN
APN 15-09-14-300-037
UPID US43-1090860

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 Take-out & Catering

Location

33491 23rd Mile Rd Chesterfield, MI 48047-4002
Chesterfield metro Census 222105 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
$685k
Blend (final) Blend
$355k

Owner & transaction history

since 2018
7 recorded transactions
2018
$675,000
2018
Price N/A
2013
$1.3M
2013
Price N/A
2011
Price N/A
2005
Price N/A
1969
Price N/A

Zoning & alternative use

C3 GEN · Chesterfield, MI
Top alternative use upside
Retail stores $570,000 +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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