Financial
Distress signals
Property profile

75 Carleton Rd Hillsdale, MI 49242

OFF-MARKET
Commercial real estate
Property ID
US43-3863887
0.83 ac lot
Last sale Aug 2025 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity is located at 75 W Carleton, Hillsdale, MI, on a high-traffic road (M-99/W Carleton Rd) boasting over 13,700 vehicles daily. The property encompasses 2,356 square feet on a 0.83-acre lot, offering ample parking for approximately 50 vehicles and seating for roughly 90 patrons. This award-winning establishment has undergone significant renovations in 2015 and 2018, including a new roof, HVAC system, seating upgrades, updated equipment,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$8k
Tax billed · 2021
Assessed value · 2023$137k
Effective rate5.66%

Value estimate

· Sep 2026
$320k
$288k – $352k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHILLSDALE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.6
Wholesale Shop17.2
Dental Office14.5

Location

75 Carleton Rd Hillsdale, MI 49242-1201
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 75 Carleton Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message