Technical
Financial
Distress signals
Property profile

740 Dix St Detroit, MI 48217

OFF-MARKET
Turn key restaurants
Property ID
US43-5294968
2,316 SF 0.47 ac lot Built 1954
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1954
Total area 2,316 SF
Lot 0.47 ac (20,473 SF)
Zoning code M5
APN 20017173.
UPID US43-5294968

Cap rate & NOI

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

Location

740 Dix St Detroit, MI 48217-1302
Detroit metro Census 524500 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
$180k

Owner & transaction history

since 2023
Last sale
$150,000
5 recorded transactions
2023
$150,000
2004
$130,000
2004
$45,000
2004
Price N/A
1969
Price N/A

Zoning & alternative use

M5 · Detroit, MI
Zoning description

al Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4) M4 Intensive Industrial District. (5)…

General category INDUSTRIAL

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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