Property profile

46777 Gratiot Ave Chesterfield, MI 48051

OFF-MARKET
Turn key restaurants
Property ID
US43-0195402
5,232 SF 1.54 ac lot Built 1980
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 5,232 SF
Lot 1.54 ac (67,126 SF)
Zoning code C3 GEN
APN 15-09-31-103-008
UPID US43-0195402

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

46777 Gratiot Ave Chesterfield, MI 48051-2806
Chesterfield metro Census 221100 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
$934k
Blend (final) Blend
$630k

Owner & transaction history

since 2009
7 recorded transactions
2017
Price N/A
2009
$550,000
2009
$600,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C3 GEN · Chesterfield, MI
Top alternative use upside
Retail stores $975,000 +31.2%

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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