Property profile

28401 Groesbeck Hwy Roseville, MI 48066

OFF-MARKET
Retail space
Property ID
US43-0997475
8,491 SF 1.09 ac lot Built 1997
Entity Owned 22-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 8,491 SF
Lot 1.09 ac (47,480 SF)
Zoning code I-2
APN 08-14-18-127-019
UPID US43-0997475

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
  • Auto Parts Store

Location

28401 Groesbeck Hwy Roseville, MI 48066-2328
Roseville metro Census 255500 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
$873k
Blend (final) Blend
$325k

Owner & transaction history

Zoning & alternative use

I-2 · Roseville, MI
Zoning description

ions. Article XIII (Reserved) Article XIV I-1 Light Industrial District § 370-43 Intent. § 370-44 Principal permitted uses. § 370-45 Uses permitted subject to special conditions. § 370-46 Required conditions. Article XV…

General category INDUSTRIAL
Top alternative use upside
Restaurant $1.2M +112.6%
Medical building $1.0M +84.2%
Commercial (general) $890,000 +57.4%

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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