Property profile

450 Lafayette St South Lyon, MI 48178

OFF-MARKET
Grocery and convenience stores
Property ID
US43-0635311
1,222 SF 1 ac lot Built 1992
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1992
Total area 1,222 SF
Lot 1 ac (43,560 SF)
Zoning code BI
APN 80-21-20-301-019
UPID US43-0635311

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
  • Gas Station
  • Grocery & Convenience Store

Location

450 Lafayette St South Lyon, MI 48178-2073
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
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Comparable Approach Comparable
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Blend (final) Blend
$340k

Owner & transaction history

since 2023
5 recorded transactions
2024
Price N/A
2023
Price N/A
2023
Price N/A
2019
Price N/A
2006
$1.4M

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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