117 Crocker Blvd Mount Clemens, MI 48043
- Commercial real estate
- 2,204 SF
- 0.26 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 117 Crocker Blvd
- Lot size
- 0.26 lot acres
- Property size
- 2,204 SF
- Zone code
- MU
- Property type
- Commercial real estate
- APN
- 05-11-14-287-011
- APU
- 51114287011
Description
This exceptional owner-user office opportunity is located at 117 Crocker Blvd in the heart of Mount Clemens, Michigan, 48043. The property boasts 2,204 square feet of vacant space, priced competitively at $310,000, or $140.65 per square foot. The building is classified as Class C and offers ample private parking, a significant advantage in a bustling downtown area. Recent updates include a new roof, enhancing the building's overall condition and minimizing future maintenance costs. Its convenient location provides easy access to the vibrant downtown Mount Clemens area, making it ideal for businesses seeking a high-visibility presence. The property's vacant status presents a unique chance for a business to customize the space to perfectly meet its specific needs and operational requirements. This is a rare opportunity to acquire a well-located, updated office building in a thriving Michigan community. The property is ready for immediate occupancy. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $180,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $200,000
- 7%
- $235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $225,000
- Mixed-Use
- $225,000
- Hospitality
- $235,000
- Educational
- $265,000
- Residential Income
- $260,000
- Energy
- $225,000
- Income-Based Land
- $265,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Mount Clemens
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8727
- Latitude
- 42.5931
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA