Property profile

243 Cass Ave 249 Mount Clemens, MI 48043

OFF-MARKET
Office buildings
Property ID
US43-0125837
13,773 SF 1.14 ac lot Built 2017
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2017
Construction CONCRETE BLOCKS
Total area 13,773 SF
Lot 1.14 ac (49,484 SF)
Zoning code MU
APN 05-11-14-106-036
UPID US43-0125837

Cap rate & NOI

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

Location

243 Cass Ave, Unit 249 Mount Clemens, MI 48043-2124
Mount Clemens metro Census 245300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.01M

Owner & transaction history

since 2015
1 recorded transaction
2015
$140,000

Zoning & alternative use

MU · Mount Clemens, MI
Zoning description

Commercial/Office (MU, GC) Major Major Minor Major Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In instances where a "protected use" is developed adjacent to and after the use which is…

General category MIXED_USE
Top alternative use upside
Commercial (general) $1.4M +74.2%
Retail stores $1.2M +48.1%
Auto repair, garage $1.2M +45.7%

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
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