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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

285 Nn Ave Mount Clemens, MI 48043-1765

2,310 SF 0.08 ac lot Built 1940
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US43-4818303
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1940
Total area 2,310 SF
Lot 0.08 ac (3,615 SF)
Zoning code MU
APN 05-11-11-251-019
UPID US43-4818303
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Blue Elk Properties LLC · 4 yrs held
Blue Elk Properties LLC
since 2022
Last sale
$103,000
6 recorded transactions
2022
$103,000
2004
$38,000
2004
$38,000
2004
$110,000
2004
Price N/A
1969
Price N/A
Zoning & alternative use
MU · Mount Clemens, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 intended to provide the screening, the "protected use" shall provide the required screening. H. Prohibited Materials. Where a landscape plan…

Zone name Mixed Use
General category MIXED_USE
Zone area 160.44 ac
Source code of ordinances
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