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    Property profile & analytics

    5078 Lapeer Rd Kimball, MI 48074-1416

    • Turn key restaurants
    • 23,519 SF
    • 4.97 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 05, 2024
    $1,000,000
    Location Intelligence
    Property ID
    US43-4517472
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wadhams Equipment / Lawn Mower Store

    Property Details for 5078 Lapeer Rd

    Lot size
    4.97 lot acres
    Property size
    23,519 SF
    Zone code
    C-2 COMM
    Property type
    Turn key restaurants
    APN
    74-25-002-3001-000
    APU
    74250023001000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kimball
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.5272
    Latitude
    42.9849
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,205
    $0.00
    $0.00
    $598,500
    -
    $0.00
    $0.00
    $1,197,000

    Comparable in this City

    • Value Estimation by Request
      2,645 SF

      5305 Lapeer Rd

      RESTAURANT • 2,645 SF
      5305 Lapeer Rd, Kimball, MI 48074-1423
      View Details
    • Value Estimation by Request
      4,534 SF

      5600 Lapeer Rd

      RESTAURANT • 4,534 SF
      5600 Lapeer Rd, Kimball, MI 48074-1324
      View Details
    • Value Estimation by Request
      3,191 SF

      1669 Range Rd

      RESTAURANT • 3,191 SF
      1669 Range Rd, Kimball, MI 48074-2739
      View Details
    • Value Estimation by Request
      3,271 SF

      2593 Wadhams Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,271 SF
      2593 Wadhams Rd, Kimball, MI 48074-1430
      View Details
    • Value Estimation by Request
      5,196 SF

      2805 Wadhams Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,196 SF
      2805 Wadhams Rd, Kimball, MI 48074-1433
      View Details
    • Value Estimation by Request
      2,749 SF

      340 Henry St

      BAR, TAVERN • 2,749 SF
      340 Henry St, Kimball, MI 48074
      View Details

    Similar Nearby for Sale

    • $269,900
      5,300 SF

      Turnkey Pizzeria and Ice Cream Parlor

      Thriving pizzeria and ice cream parlor with arcade for sale.
      5433 Lapeer Rd, Kimball, MI 48074
      View Details
    • $180,000
      1.17 Acres

      Prime Smiths Creek Retail Lot

      1.17-Acre Commercial Land, $180,000
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    • $199,000

      Vacant Convenience Store For Sale

      Vacant 2600 SF convenience store with option to buy.
      6971 Lapeer Rd, Smiths Creek, MI 48074
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    • $299,000
      0.90 Acres

      Commercial Land Near Expressway

      Commercial land with water and sewer access, near Meijer.
      4601 Gratiot Rd, Kimball, MI 48074
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    • $164,950
      20.00 Acres

      20 Acres Vacant Land Kimball

      20 acres of vacant land suitable for building or recreation.
      00 Griswold Rd, Kimball, MI 48074
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    • $32,900
      1.00 Acre

      Smiths Creek Vacant Buildable Land

      One-acre vacant land suitable for building a new home.
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      View Details
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    Kimball, MI 48074-1416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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