Financial
Distress signals
Property profile

141 N Groesbeck Hwy Mount Clemens, MI 48043

FOR SALE
Commercial real estate
Property ID
US43-1374451
1,120 SF 2.3 ac lot Built 1995
Last sale Nov 2020 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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,

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 · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$111k
Effective rate7.12%

Value estimate

· Sep 2026
$470k
$423k – $517k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169
Qualifying comparables8

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?
GC
Commercial/Office (MU, GC) Major Major Minor Major Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In ins...
General categoryCOMMERCIAL
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 agency15.0
Spa & Massage11.8
Parking Facility11.6

Location

141 N Groesbeck Hwy Mount Clemens, MI 48043
County assessor Recorded deeds · 4 transfers 8 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
77 Crocker, Mount Clemens, MI 48043-2550 $222,000 Aug 2024 2,191 SF
406 Cass, Mount Clemens, MI 48043-2123 $105,000 Jul 2023 1,757 SF
104 Grand, Mount Clemens, MI 48043-5575 $139,900 Jul 2022 1,969 SF
31 2nd, Mount Clemens, MI 48043-2561 $631,667 Jun 2022 998 SF
117 Crocker, Mount Clemens, MI 48043-2505 $180,000 Feb 2022 2,204 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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