Property profile

45707 Interstate 94th Service Dr Van Buren Township, MI 48111

OFF-MARKET
Hotels
Property ID
US43-0687857
22,758 SF 1.4 ac lot Built 1988
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1988
Total area 22,758 SF
Lot 1.4 ac (60,984 SF)
Zoning code C1 GEN
APN 83 081 99 0004 703
UPID US43-0687857

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
  • Hotel & Motel
  • Hotel & Motel

Location

45707 Interstate 94th Service Dr Van Buren Township, MI 48111-2471
Van Buren Township metro Census 588200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.97M
Blend (final) Blend
$535k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2018
Price N/A
2015
Price N/A
2010
$500,000
2010
$900,000
2004
Price N/A
1969
Price N/A

Zoning & alternative use

C1 GEN · Van Buren Township, MI
Top alternative use upside
Commercial (general) $2.5M +76.8%
Restaurant $2.4M +66.6%
Office building $2.2M +56.3%

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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