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Property profile & analytics
OFF-MARKET
Drive through restaurants

45101 Schoenherr Rd Utica, MI 48315-6015

2,080 SF 1.09 ac lot Built 1989
Entity Owned 2-yr Hold Free & Clear
Property ID
US43-0370535
Property summary
AI-generated overview

This exceptional freestanding restaurant building, formerly a KFC, presents a fantastic opportunity for a quick-service restaurant operator. Located at 45101 Schoenherr Rd in Utica, Michigan, 48315, this single-tenant property boasts a substantial 2,080 square feet of space, all currently vacant and ready for immediate occupancy. The building is situated on a generous 1.09-acre lot, providing ample parking and visibility for customers. Its convenient location ensures high traffic volume and easy access for both drive-thru and dine-in patrons. The property's single-story design offers efficient operations and easy management. The building's previous use as a fast-food establishment means it's already equipped with many of the necessary features for a quick and seamless transition for a new tenant. This is an ideal location for a business seeking high visibility and a strong customer base in a thriving community. The property is available for lease and presents a rare opportunity to establish a successful restaurant in a prime location. The address is easily accessible from major roadways, ensuring convenient access for customers and employees alike. The 1.09-acre lot offers significant potential for future expansion or outdoor seating. This is a turn-key opportunity for a savvy entrepreneur looking to capitalize on a high-traffic area.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1989
Total area 2,080 SF
Lot 1.09 ac (47,393 SF)
Zoning code C-2
APN 11-07-35-400-024
UPID US43-0370535
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
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
by Request
Owner & transaction history
3star Investments Schoenherr LLC · 2 yrs held
3star Investments Schoenherr LLC
since 2024
6 recorded transactions
2024
Price N/A
2024
Price N/A
2019
$975,000
2016
Price N/A
2014
$571,428
1969
Price N/A
Zoning & alternative use
C-2 · Utica, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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