Financial
Distress signals
Property profile

1216 Southbound Gratiot Ave SB Mount Clemens, MI 48043

OFF-MARKET
Retail space
Property ID
US43-0058230
13,372 SF 0.17 ac lot Built 1968
Last sale Jul 2024 · $795,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$19k
Tax billed · 2022
Assessed value · 2023$331k
Effective rate5.85%

Value estimate

· Sep 2026
$795k
$716k – $875k
AI approach$795k
Sales comparison$856k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$87/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$58 – $117
Qualifying comparables4

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

What can be built here?
GC
Commercial/Office (MU, GC) Major Major Minor Major Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In ins...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.8
Restaurant18.5
Spa & Massage18.4

Location

1216 Southbound Gratiot Ave, Unit SB Mount Clemens, MI 48043-6532
County assessor Recorded deeds · 3 transfers 4 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
158 Main, Mount Clemens, MI 48043-2369 $700,000 Jan 2026 15,750 SF
52 Walnut, Mount Clemens, MI 48043-5620 $987,500 Dec 2023 6,112 SF
81 Macomb, Mount Clemens, MI 48043-5625 $325,000 Jan 2022 8,312 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
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