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    Property profile & analytics

    34700 Groesbeck Hwy Clinton Township, MI 48035

    • Commercial real estate
    • 0.48 lot acres
    For Sale
    View listing
    $1,800,000
    Value Estimation
    Last Sale
    Apr 22, 2025
    $100,000
    Location Intelligence
    Property ID
    US43-1062138
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 34700 Groesbeck Hwy

    Lot size
    0.48 lot acres
    Zone code
    B-3
    Property type
    Commercial real estate
    APN
    16-11-33-154-018
    APU
    161133154018

    Description

    This exceptional 1.15-acre commercial land parcel, located at 34700 & 34770 Groesbeck Highway in Clinton Township, Michigan (zip code 48035), presents a remarkable investment opportunity. The property is zoned B-3 General, allowing for a wide range of commercial uses. Its strategic location on Groesbeck Highway ensures high visibility and accessibility, making it ideal for businesses seeking significant exposure to a substantial daily traffic volume. The vacant land is ready for immediate development, offering a blank canvas for a new commercial venture. The asking price for this prime commercial property is $1,800,000. This is a rare opportunity to acquire a sizable, well-located parcel in a thriving Macomb County community. The property's latitude and longitude coordinates are 42.550185 and -82.9261424 respectively. Serious inquiries are encouraged. This is a unique chance to capitalize on the potential of this high-traffic location and build a successful commercial enterprise. The property's B-3 zoning ensures flexibility in development options.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $85,000

    • CAP approach

      CAP return
      Estimation
      6%
      $75,000
      6.5%
      $65,000
      7%
      $75,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $70,000
      Geo Method
      $65,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $75,000
      Retail
      $80,000
      Mixed-Use
      $80,000
      Hospitality
      $65,000
      Educational
      $80,000
      Residential Income
      $70,000
      Energy
      $80,000
      Income-Based Land
      $65,000
      Food Service
      $85,000

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9261
    Latitude
    42.5502
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,506
    $0.00
    $0.00
    $57,800
    -
    $0.00
    $0.00
    $115,600

    Comparable in this City

    • Value Estimation by Request
      1.31 Acres

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      36656 Un Lk Rd

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      6.61 Acres

      16590 Washington Sq

      COMMERCIAL (GENERAL) • 6.61 Acres
      16590 Washington Sq, Clinton Township, MI 48035-2294
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    • Value Estimation by Request
      2.31 Acres

      34381 Gratiot Ave

      COMMERCIAL (GENERAL) • 2.31 Acres
      34381 Gratiot Ave, Clinton Township, MI 48035-3541
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    • Value Estimation by Request
      5,493 SF

      36453 Gratiot Ave

      COMMERCIAL (GENERAL) • 5,493 SF
      36453 Gratiot Ave, Clinton Township, MI 48035-1724
      View Details
    • Value Estimation by Request
      6,800 SF

      19719 14th Mile Rd

      COMMERCIAL (GENERAL) • 6,800 SF
      19719 14th Mile Rd, Clinton Township, MI 48035-3908
      View Details

    Similar Nearby for Sale

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      35765 Groesbeck Hwy, Clinton Township, MI 48035
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    Similar Nearby for Lease

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      Clinton Pointe Retail Space Available

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    • Contact for pricing
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    Clinton Township, MI 48035
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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
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