Property profile

399 Lafayette St South Lyon, MI 48178

OFF-MARKET
Drive through restaurants
Property ID
US43-0277005
1,605 SF 0.16 ac lot Built 1970
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1970
Total area 1,605 SF
Lot 0.16 ac (6,970 SF)
Zoning code BI
APN 80-21-29-105-009
UPID US43-0277005

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
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Take-out & Catering

Location

399 Lafayette St South Lyon, MI 48178-1407
South Lyon metro Census 139400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2021
Last sale
$460,000
6 recorded transactions
2021
Price N/A
2021
$460,000
2019
$282,500
2017
Price N/A
2012
Price N/A
2001
$95,500

Zoning & alternative use

BI · South Lyon, MI

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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