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Property profile & analytics

141 Groesbeck Hwy Mount Clemens, MI 48043

  • Commercial real estate
  • 1,120 SF
  • 2.30 lot acres
For Sale
Last Sale
Nov 25, 2020
$425,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1374451
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

  • Commercial real estate

Property Details for 141 Groesbeck Hwy

Year built
1995
Lot size
2.30 lot acres
Property size
1,120 SF
Zone code
GC
Property type
Commercial real estate
APN
05-11-10-402-004
APU
51110402004

Description

This exceptional commercial property, located at 141 N Groesbeck Hwy in Mount Clemens, Michigan (48043), presents a rare investment opportunity. The 16.63-acre parcel boasts a prime location on Groesbeck Highway, offering excellent visibility and accessibility. The property includes a 1,120 square foot existing building, perfect for retail use, currently zoned Commercial, L-I. A significant portion of the land, approximately 3.3 acres, is situated between Groesbeck Highway and a lake, providing unique development potential. This usable area features an extensive retaining wall at the lake's eastern edge. The property's asking price is $1,350,000, translating to $81,183.48 per acre. Built in 1995, the single-story structure offers immediate income potential or redevelopment possibilities. Note that a portion of this parcel falls within Clinton Township. The property's unique combination of commercial zoning, highway frontage, lake access, and existing building makes it an ideal candidate for a variety of uses, including potential industrial applications. The parcel's APN is 11-10-402-004 11-10-401-004. This is a truly unique opportunity to acquire a substantial commercial property with significant upside potential.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Mount Clemens
County
Macomb
State
Michigan
Longitude
-82.899
Latitude
42.6055
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
2023
$7,871
$0.00
$0.00
$110,500
-
$0.00
$0.00
$221,000
More about this property
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