Financial
Distress signals
Property profile

21720 15 Mile Rd Clinton Township, MI 48035

FOR SALE
Retail space
Property ID
US43-1478483
1,581 SF 0.52 ac lot Built 1992
Last sale Aug 2024 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 1,668-square-foot retail/office building constructed in 1992, located in Clinton Charter Township on a 0.52-acre parcel with approximately 277 feet of frontage. The property consists of a brick structure and is situated within B-1 zoning. It includes multiple lots totaling approximately 1.6 acres and provides 15 parking spaces. The building is positioned on the Gratiot & Kentucky corridor in a high-visibility area with easy vehicular access, near major retail uses including Lowe's,

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 · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$94k
Effective rate4.83%

Value estimate

· Sep 2026
$300k
$270k – $330k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$2k
Operating expenses−$5k
NOI · 5.16% cap applied$12k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
Submarket average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$46 – $198
Qualifying comparables6

Cap rate analysis

How does the asset earn?
5.16%
$12k 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?
B-1
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.5
Realty agency21.9
Dental Office16.3

Location

21720 15 Mile Rd Clinton Township, MI 48035
County assessor Recorded deeds · 3 transfers 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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
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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
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