Property profile

23015 21st Mile Rd Macomb, MI 48042

OFF-MARKET
Commercial real estate
Property ID
US43-1311150
6,171 SF 0.74 ac lot Built 1981
Entity Owned 13-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Total area 6,171 SF
Lot 0.74 ac (32,322 SF)
Zoning code C2
APN 20-08-25-351-009
UPID US43-1311150

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

Location

23015 21st Mile Rd Macomb, MI 48042-5100
Macomb metro Census 223401 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
$683k
Blend (final) Blend
$365k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
2007
$1.1M

Zoning & alternative use

C2 · Macomb, MI
Top alternative use upside
Restaurant $875,000 +37.9%
Medical building $760,000 +19.5%
Retail stores $645,000 +1.5%

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 23015 21st Mile Rd?
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