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Financial
Distress signals
Property profile

21665 Groesbeck Hwy Warren, MI 48089

OFF-MARKET
Bars & Pubs
Property ID
US43-0870231
2,652 SF 0.41 ac lot Built 1940
Last sale Dec 2021 · $140,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 2,700-square-foot flex space constructed in 1968, situated on an approximately one-half-acre fenced lot. It features two barrier-free bathrooms, including one bathroom with a shower, and a kitchenette. Outdoor areas are configured to support storage use. The property is zoned M2, supporting industrial and commercial activity. Access is available from Groesbeck and also via Toepfer, providing two points of entry, and the site has approximately 300 feet of frontage along Groesbeck.

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 · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$77k
Effective rate6.84%

Value estimate

· Oct 2026
$170k
$153k – $187k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$86/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$63 – $107
Qualifying comparables7

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?
M-2
M-1 and M-2. Section 4A.14 (b) - Prohibited Signs: Exterior rope lighting, except temporary lighting. Chairman Sophiea said good evening....
General categoryINDUSTRIAL
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 agency40.0
Restaurant31.4
Law Firm27.0

Location

21665 Groesbeck Hwy Warren, MI 48089-4922
County assessor Recorded deeds · 2 transfers 7 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14931 10th Mile, Warren, MI 48089-1527 $225,000 Mar 2025 2,169 SF
26111 Hoover, Warren, MI 48089-1147 $20,350,000 Feb 2025 2,933 SF
25506 Schoenherr, Warren, MI 48089-1420 $140,000 Nov 2024 2,350 SF
22706 Van Dyke, Warren, MI 48089-2348 $80,000 Feb 2024 2,880 SF
22759 Van Dyke, Warren, MI 48089-2357 $225,000 Jan 2024 3,397 SF
22865 Van Dyke, Warren, MI 48089-2356 $200,000 Jun 2023 3,440 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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