Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

3964 W Jefferson Ave Ecorse, MI 48229

FOR LEASE
Drive through restaurants
Property ID
US43-5275861
998 SF 0.14 ac lot Built 1953
Last sale Oct 2022 · $20,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A standalone restaurant building of approximately 1,100 square feet located at 3964 Jefferson Ave in Ecorse, Michigan. The interior is configured for takeout carryout operations with no dine-in area, supporting a high-volume layout focused on efficient customer pickup service. The commercial kitchen is extensively built out with major equipment and infrastructure, including fryers, commercial coolers, prep areas, a commercial hood system, a stove, and a pizza oven, and is suitable for immediate…

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?
$3k
Tax billed · 2023
Assessed value · 2024$38k
Effective rate8.38%

Value estimate

· Oct 2026
$205k
$185k – $226k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$312
Operating expenses−$2k
NOI · 299.74% cap applied$6k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$50 – $147
Qualifying comparables7

Cap rate analysis

How does the asset earn?
299.74%
$6k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.2
Law Firm21.9
Dental Office20.0

Location

3964 W Jefferson Ave Ecorse, MI 48229
County assessor Recorded deeds · 6 transfers 7 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3525 Jefferson, Ecorse, MI 48229-1825 $2,760 Aug 2024 1,380 SF
3758 Jefferson, Ecorse, MI 48229-1830 $13,000 Feb 2023 749 SF
4506 Jefferson, Ecorse, MI 48229-1417 $80,000 Apr 2022 1,397 SF
445 Visger, Ecorse, MI 48229-1353 $15,500 Nov 2020 1,320 SF
4230 Jefferson, Ecorse, MI 48229-1530 $40,000 Jun 2019 1,140 SF
4208 Jefferson, Ecorse, MI 48229-1530 $225,000 Jun 2019 1,396 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again