Property profile

3504 Palms Rd Casco, MI 48064

OFF-MARKET
Grocery and convenience stores
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Property ID
US43-4548854
5,212 SF 0.86 ac
Last sale Apr 2024·$70,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional Casco, MI property presents a rare investment opportunity, priced at $749,900. The 1.2-acre corner lot houses a thriving, established convenience store with a rich 60+ year history. The 2,266 square foot store offers a diverse product range including craft beer, fine wine, premium liquor, and lottery tickets. Adding to the investment potential is a fully leased 2,266 square foot residential apartment on the second floor, generating consistent rental income. Furthermore, a…

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 · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$148k
Effective rate2.05%

Value estimate

· Nov 2026
$70k
$63k – $77k
AI approach$70k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
County average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$37 – $108
Qualifying comparables10

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?
B-2
JurisdictionSAINT CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility9.3
Building Supply9.0
Electrical Service8.8

Location

3504 Palms Rd Casco, MI 48064-2102
County assessor Recorded deeds · 3 transfers 10 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7855 Fred W Moore, Casco, MI 48064-1531 $3,750,000 Dec 2024 1,664 SF
9422 Marine City, Casco, MI 48064-4212 $250,000 Nov 2021 9,150 SF
10377 Lindsey, Casco, MI 48064-2213 $150,000 Dec 2020 7,648 SF
10751 Gratiot, Casco, MI 48064-1009 $162,500 Feb 2019 7,200 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
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