Property profile

1711 Gratiot Blvd 1713 Marysville, MI 48040

OFF-MARKET
Grocery and convenience stores
Property ID
US43-4538919
9,464 SF 0.4 ac lot Built 1954
Entity Owned 17-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1954
Total area 9,464 SF
Lot 0.4 ac (17,380 SF)
Zoning code C-3
APN 74-03-773-0059-000
UPID US43-4538919

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Atm

Location

1711 Gratiot Blvd, Unit 1713 Marysville, MI 48040-1184
Marysville metro Census 637200 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
$911k
Blend (final) Blend
$320k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

C-3 · Marysville, MI
Zoning description

The C-3 Thoroughfare Business Districts are designed to provide areas for business types that are generally located so as to serve passerby traffic. In addition, other businesses of a non retail nature that do not depend…

General category COMMERCIAL
Top alternative use upside
Medical building $1.2M +72.8%
Commercial (general) $860,000 +28.1%
Office building $770,000 +14.7%

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 1711 Gratiot Blvd, Unit 1713?
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