Property profile

104 Grand Ave Mount Clemens, MI 48043

FOR SALE
Commercial real estate
Saved · see the list in your Dashboard
Property ID
US43-1163382
1,969 SF 0.17 ac
Last sale Jul 2022·$139,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2023$72k
Effective rate8.02%

Value estimate

· Nov 2026
$140k
$126k – $154k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$3k
Operating expenses−$15k
NOI · 8.41% cap applied$18k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169
Qualifying comparables5

Cap rate analysis

How does the asset earn?
8.41%
$18k 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?
R1-B
The Single-Family Residential Districts are established to provide principally for one-family dwellings at a scale consistent with existi...
General categoryRESIDENTIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic11.1
Laundry Service10.3
Daycare Center10.1

Location

104 Grand Ave Mount Clemens, MI 48043
County assessor Recorded deeds · 6 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
77 Crocker, Mount Clemens, MI 48043-2550 $222,000 Aug 2024 2,191 SF
406 Cass, Mount Clemens, MI 48043-2123 $105,000 Jul 2023 1,757 SF
117 Crocker, Mount Clemens, MI 48043-2505 $180,000 Feb 2022 2,204 SF
127 Groesbeck, Mount Clemens, MI 48043-5400 $525,000 May 2021 2,624 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved