Property profile

55800 New Hvn Rd Chesterfield, MI 48051

OFF-MARKET
Automotive properties
Property ID
US43-4199223
17,860 SF 11.08 ac lot Built 1989
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1989
Total area 17,860 SF
Lot 11.08 ac (482,645 SF)
Zoning code C3 GEN
APN 15-09-02-300-022
UPID US43-4199223

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
  • Auto Repair Shop

Location

55800 New Hvn Rd Chesterfield, MI 48051-1405
Chesterfield metro Census 221800 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
$1.32M
Blend (final) Blend
$410k

Owner & transaction history

since 2024
Last sale
$2.5M
3 recorded transactions
2024
$2.5M
2016
$375,000
2016
$100,000

Zoning & alternative use

C3 GEN · Chesterfield, MI
Top alternative use upside
Restaurant $2.5M +64.8%
Medical building $2.2M +42.8%
Commercial (general) $1.8M +19.5%

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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