Financial
Distress signals
Property profile

10 S Main St Mount Clemens, MI 48043

FOR LEASE
Office buildings
Property ID
US43-1030241
47,985 SF 0.62 ac lot Built 1980
Last sale Jan 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This professionally managed office building is located in walkable downtown Mount Clemens, Michigan, within walking distance of county and court buildings. The building features renovations completed in 2018.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$161k
Tax billed · 2022
Assessed value · 2023$2.32M
Effective rate6.93%

Value estimate

· Sep 2026
$3.50M
$3.15M – $3.85M
Submarket $/SF estimate$3.50M
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$2k
Operating expenses−$2k
NOI · 243.82% cap applied$5k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$59/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$42 – $73

Cap rate analysis

How does the asset earn?
243.82%
$5k 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?
CB
Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In instances where a "protected use" is developed adjacen...
General categoryMIXED_USE
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 agency35.8
Restaurant31.6
Building Supply27.4

Location

10 S Main St Mount Clemens, MI 48043
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20 Main, Mount Clemens, MI 48043-2370 $1,500,000 Dec 2025 27,295 SF
229 Main, Mount Clemens, MI 48043-2439 $129,000 Jul 2025 5,760 SF
33 Riv, Mount Clemens, MI 48043-1902 $1,150,000 Feb 2024 22,200 SF
7 Main, Mount Clemens, MI 48043-5644 $300,000 Aug 2022 31,906 SF
79 Main, Mount Clemens, MI 48043-5616 $320,000 Jul 2022 6,703 SF
83 Main, Mount Clemens, MI 48043-5616 $1,550,000 May 2022 37,170 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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