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    7 Main St Mount Clemens, MI 48043

    • Office buildings
    • 31,906 SF
    • 0.56 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Aug 03, 2022
    $300,000
    Location Intelligence
    Property ID
    US43-5163473
    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

    • Office buildings

    Property Details for 7 Main St

    Lot size
    0.56 lot acres
    Property size
    31,906 SF
    Zone code
    CB
    Property type
    Office buildings
    APN
    05-11-14-209-019
    APU
    51114209019

    Description

    This exceptional 31,906 square foot executive office building, located at 7 North Main Street in Mount Clemens, Michigan, presents a unique redevelopment opportunity. Built in 1898, this two-story Class C building sits on a 0.561-acre lot and is currently vacant. The property's prime location in the heart of the Central Business District, directly across from the courts and county offices, offers unparalleled access to the city's core. The permitted zoning is Commercial Downtown District, allowing for a wide range of commercial, residential, and mixed-use projects. The property's Assessed Parcel Number (APN) is 05-11-14-209-019. This is an ideal investment for developers seeking a prominent location in a thriving downtown area. The property is available for sale, lease, or build-to-suit arrangements, providing flexibility for various investment strategies. Its historical character combined with its strategic location makes this a truly remarkable opportunity for significant return. The building's substantial size and versatile zoning offer considerable potential for adaptive reuse and modernization. This property is situated in Macomb County, Michigan, with a zip code of 48043.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $240,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $255,000
      Mixed-Use
      $285,000
      Hospitality
      $220,000
      Educational
      $235,000
      Residential Income
      $230,000
      Energy
      $250,000
      Income-Based Land
      $300,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Mount Clemens
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8785
    Latitude
    42.5973
    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
    $22,073
    $0.00
    $0.00
    $386,100
    -
    $0.00
    $0.00
    $772,200

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      67 Cass Ave, Unit 11

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      67 Cass Ave, Unit 19

      OFFICE BUILDING • 1,386 SF
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      67 Cass Ave, Unit 43

      OFFICE BUILDING • 1,026 SF
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    • Value Estimation by Request
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      67 Cass Ave, Unit 27

      OFFICE BUILDING • 1,192 SF
      67 Cass Ave, Mount Clemens, MI 48043-2347
      View Details

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    Similar Nearby for Lease

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    7 Main St
    Mount Clemens, MI 48043
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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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