Property profile

29 Walnut St Mount Clemens, MI 48043

OFF-MARKET
Theaters & concert halls
Property ID
US43-0907068
17,216 SF 0.3 ac lot Built 1921
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1921
Total area 17,216 SF
Lot 0.3 ac (13,199 SF)
Zoning code CB
APN 05-11-14-208-004
UPID US43-0907068

Cap rate & NOI

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

Location

29 Walnut St Mount Clemens, MI 48043-5610
Mount Clemens metro Census 245100 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
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2016
7 recorded transactions
2019
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A
2015
Price N/A
2013
Price N/A

Zoning & alternative use

CB · Mount Clemens, MI
Zoning description

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 u…

General category MIXED_USE

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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