Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

8200 Macomb St Grosse Ile, MI 48138

FOR SALE
Turn key restaurants
Property ID
US43-4894123
2,069 SF 0.18 ac lot Built 2006
Last sale Jun 2008 · $640,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 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 presents the chance to acquire a thriving, established business in the desirable Grosse Ile Township, Michigan. Located at 8200 Macomb Street, within Grosse Ile's main retail and business district, the Island Coney Restaurant boasts 2,088 square feet of impeccably clean, well-maintained space built in 2006. The sale includes the real estate, business, and all furniture, fixtures, and equipment, offering a seamless transition for the new owner. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$145k
Effective rate6.02%

Value estimate

· Oct 2026
$695k
$626k – $765k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 2.64% cap applied$20k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 300 recorded sales of this use type
Observed band · Q1–Q3$63 – $165
Qualifying comparables17

Cap rate analysis

How does the asset earn?
2.64%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MSD
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office12.5
Law Firm11.9
Hair Salon10.8

Location

8200 Macomb St Grosse Ile, MI 48138
County assessor Recorded deeds · 4 transfers 17 qualifying comp sales Zoning catalog

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

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7599 Macomb, Grosse Ile, MI 48138-1538 $250,000 Apr 2024 3,191 SF
8801 Macomb, Grosse Ile, MI 48138-1974 $260,000 Jun 2022 2,960 SF
7767 Macomb, Grosse Ile, MI 48138-1572 $390,000 May 2022 2,615 SF
9264 Groh, Grosse Ile, MI 48138-1903 $125,000 Nov 2020 1,200 SF
8825 Macomb, Grosse Ile, MI 48138-1552 $225,000 Oct 2020 2,755 SF
8961 Macomb, Grosse Ile, MI 48138-1552 $215,000 May 2020 2,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
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
Why this one?
Saved
Reason not saved — we won't ask again