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Financial
Distress signals
Property profile

10 Gratiot Blvd Marysville, MI 48040

FOR SALE
Grocery and convenience stores
Property ID
US43-4570054
1,750 SF 0.49 ac lot Built 1960
Last sale Apr 2005 · $75,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding brick commercial building totaling 1,750 square feet, situated on a 0.49-acre corner lot at the intersection of Gratiot Boulevard and Ravenswood in Marysville. The building has views of the St. Clair River and Canada. It was historically used as a beer and wine party store and includes a 9-door walk-in cooler, additional 3-door coolers, shelving, two freezers, a storage room, a private office, and a restroom. A security camera system with remote viewing is…

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.

Debts

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 · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$64k
Effective rate6.21%

Value estimate

· Oct 2026
$325k
$293k – $358k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$862
Operating expenses−$10k
NOI · 14.14% cap applied$23k

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?
14.14%
$23k 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?
C-3
The C-3 Thoroughfare Business Districts are designed to provide areas for business types that are generally located so as to serve passer...
General categoryCOMMERCIAL
JurisdictionSAINT CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.9
Spa & Massage13.1
Wholesale Shop12.8

Location

10 Gratiot Blvd Marysville, MI 48040
County assessor Recorded deeds · 5 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1979 Gratiot, Marysville, MI 48040-1278 $271,000 Aug 2024 2,760 SF
666 Huron, Marysville, MI 48040-1427 $245,000 Jan 2023 960 SF
1570 Michigan, Marysville, MI 48040-1761 $100,000 Jan 2022 2,615 SF
1305 Gratiot, Marysville, MI 48040-1167 $275,000 Sep 2021 3,308 SF
1238 Michigan, Marysville, MI 48040-9991 $130,000 Nov 2020 1,917 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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