Property profile

725 Walled Lk Dr Walled Lake, MI 48390

OFF-MARKET
Turn key restaurants
Property ID
US43-5059198
486 SF 0.26 ac lot Built 1960
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 486 SF
Lot 0.26 ac (11,326 SF)
Zoning code BI
APN 92-17-34-431-001
UPID US43-5059198

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
  • Restaurant

Location

725 Walled Lk Dr Walled Lake, MI 48390-3568
Walled Lake metro Census 134900 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
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Comparable Approach Comparable
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Blend (final) Blend
$420k

Owner & transaction history

since 2017
7 recorded transactions
2017
$400,000
2013
$320,000
2013
Price N/A
2013
Price N/A
2013
$320,000
2008
$91,000
2008
Price N/A

Zoning & alternative use

BI · Walled Lake, MI

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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