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    43560 N Groesbeck Hwy Clinton Township, MI 48036

    For Sale
    $849,900

    Prime corner lot with existing mechanic shop and billboard income.

    Lot size:
    0.46 Acres

    Property Features for 43560 N Groesbeck Hwy

    General Information

    Lot size
    0.46 Acres

    Source: CRK Realty Agent Ziad Sitto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Corner Lot with Building

    Located on a busy corner at Elizabeth Road and Groesbeck Highway, this property is surrounded by commercial companies and is near Macomb County city offices. The property is just under 4 acres and includes a free-standing building of approximately 6000 square feet, currently used as a mechanic shop with a month-to-month lease at $1,700 per month. Additionally, a billboard on the property generates an annual income of $2,700 for the owner. The site offers ample parking for vehicles and presents various potential uses, including the construction of a shopping center, gas station, or truck stop, subject to city ordinances.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Collision King Mt Clemens LLC, LK Automotive, The AutoMack, J'ATELIER, Oil Change Express

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.885337
    Latitude
    42.61571

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    FAQs

    What type of property is this?
    Auto shop - Prime corner lot with existing mechanic shop and billboard income.
    Where is this auto shop located?
    The property is located at 43560 N Groesbeck Hwy Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - High-traffic corner location at Elizabeth Rd and Groesbeck Highway.; - Just under 4 acres of land with many possible uses (shopping center, gas station, truck stop, etc.).; - **6000 sqft free-standing building currently leased to a mechanic shop at $1,700/month.**
    (586) 802-1000
    Request Owner's contact information
    43560 N Groesbeck Hwy Clinton Township, MI 48036
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    Clinton Township, MI 48036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    43560 N Groesbeck Hwy Clinton Township, MI 48036
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