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Property profile & analytics
OFF-MARKET Estimated value $1,315,000
Turn key restaurants

37643 6th Mile Rd Livonia, MI 48152-2601

10,206 SF 1.46 ac lot Built 1985
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1259904
Property summary
AI-generated overview

This exceptional 2,936 square foot retail end-cap space is ideally situated in Livonia, Michigan, at 37643 Six Mile Road, zip code 48154, within Wayne County. The single-story building boasts high-end finishes throughout and offers excellent visibility with 38,274 daily passing motorists on Six Mile Road. The property features ample parking with 80 spaces available. Its C-2 General Business zoning allows for a variety of commercial uses. This prime location provides immediate access to major freeways including I-275, I-96, and M-14, ensuring convenient access for customers and employees. The surrounding area is thriving, with numerous restaurants, hotels, shopping centers, and other businesses creating a vibrant commercial environment. This end-cap space presents a unique opportunity for businesses seeking high visibility and convenient access to a dense population base. The property is located on the south side of Six Mile Road, just west of Newburgh Road, offering easy ingress and egress. This is a turnkey solution for a business looking to establish or expand its presence in a high-traffic area.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Total area 10,206 SF
Lot 1.46 ac (63,598 SF)
APN 46 069 99 0001 023
UPID US43-1259904
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
Current use
Occupant on record · Public records
  • Mastercraft Jewelers (Bike/Boat/Book/etc) Store
  • OMEGA Boutique (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$1.32M
Owner & transaction history
Laurel Pointe LLC · 2 yrs held
Laurel Pointe LLC
since 2023
2 recorded transactions
2023
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.4M +36.7%
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