Property profile

45945 Interstate 94th Service Dr Van Buren Township, MI 48111

OFF-MARKET
Hotels
Property ID
US43-1299787
32,595 SF 2.67 ac lot Built 1997
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1997
Total area 32,595 SF
Lot 2.67 ac (116,305 SF)
Zoning code C1 GEN
APN 83 081 99 0013 710
UPID US43-1299787

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

Location

45945 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
$3.08M
Blend (final) Blend
$715k

Owner & transaction history

since 2020
6 recorded transactions
2020
Price N/A
2018
$1.6M
2016
$2.2M
2016
Price N/A
2015
$1.4M
1969
Price N/A

Zoning & alternative use

C1 GEN · Van Buren Township, MI
Top alternative use upside
Commercial (general) $3.6M +76.8%
Restaurant $3.4M +66.6%
Office building $3.2M +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
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?”
You own 45945 Interstate 94th Service Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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