Property profile

163 Grand Ave Mount Clemens, MI 48043

OFF-MARKET
Flex space
Property ID
US43-0095208
81,492 SF 4.13 ac lot Built 1965
Entity Owned 18-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1965
Total area 81,492 SF
Lot 4.13 ac (179,946 SF)
Zoning code L-1
APN 05-11-11-359-014
UPID US43-0095208

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

163 Grand Ave Mount Clemens, MI 48043-5414
Mount Clemens metro Census 245100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.50M
Blend (final) Blend
$740k

Owner & transaction history

since 2007
6 recorded transactions
2017
Price N/A
2017
Price N/A
2007
$800,000
2007
Price N/A
2004
Price N/A
1969
Price N/A

Zoning & alternative use

L-1 · Mount Clemens, MI
Top alternative use upside
Warehouse, storage $5.5M +3.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 163 Grand Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message