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Property profile & analytics
OFF-MARKET
Drive through restaurants
5704 Telegraph Rd Dearborn Heights, MI 48127-3241
Entity Owned
3-yr Hold
Free & Clear
Property ID
US43-0929386
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1946
Total area
3,388 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C-2
APN
33 020 03 0079 000
UPID
US43-0929386
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Szegedi's Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
5704 N Telegraph LLC · 3 yrs held
5704 N Telegraph LLC
since 2022
2 recorded transactions
Zoning & alternative use
C-2 · Dearborn Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Sec. 36-57. - C2, General business district. Intent. The general business district, designated C2, is hereby established to provide for a wider range of business and entertainment activities than is permitted in the neighborhood business district or commercial-residential mixed use district. Uses in the C2 district would include those types of businesses and…
Zone name
General Business
General category
MIXED_USE
Zone area
260.94 ac
Source
code of ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dearborn Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dearborn Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,153
Tax year 2023
Assessed value
$149,400
Assessed 2024
Previous assessed
$141,400
+5.7% YoY
Effective rate
5.46%
On assessed value
Total market value
$298,800
Applied tax rate
82,230.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1946
Heating
FORCED AIR
Stories
1
Total area
3,388 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C-2
APN
33 020 03 0079 000
UPID
US43-0929386
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C-2 · Dearborn Heights, MIZoning C-2 · permitted uses
C-2 · Dearborn Heights, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Sec. 36-57. - C2, General business district. Intent. The general business district, designated C2, is hereby established to provide for a wider range of business and entertainment activities than is permitted in the neighborhood business district or commercial-residential mixed use district. Uses in the C2 district would include those types of businesses and services typically found in shopping centers and at the junction of principal streets. Such uses generate larger volumes of vehicular traffic and typically require greater off-street parking and loading areas. Careful planning is required to integrate general business districts with adjacent areas of less-intensive uses. (Ord. No. H-07-01, § 3.107, 7-24-07)
Zone name
General Business
General category
MIXED_USE
Zone area
260.94 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1946
Heating
FORCED AIR
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
5704 N Telegraph LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5704 N TELEGRAPH RD, DEARBORN HEIGHTS, MI 48127-3241
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
—
5704 N Telegraph LLC
Patricia A Segedi
Quit Claim Deed
related
—
Feb 7, 2012
—
Segedi Patricia A Trust
Segedi,patricia A
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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