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Property profile & analytics
FOR SALE
Flex space
29100 Groesbeck Hwy, Roseville, MI 48066
Entity Owned
3-yr Hold
Free & Clear
Property ID
US43-1521422
For Sale
1 / 31
$2,000,000
29100 Groesbeck Hwy, Roseville, MI 48066
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1955
Total area
8,876 SF
Lot
1.02 ac (44,431 SF)
Zoning code
I-1
APN
08-14-07-452-037
UPID
US43-1521422
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
Current use
Occupant on record · Public records
-
Four Seasons Concrete Products, Inc Construction Company General Contractor
-
Frank Bizzocchi Cement Construction Construction Company General Contractor
-
(586) 404-4988 General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$620k
Owner & transaction history
U S Concrete Holdings LLC · 3 yrs held
U S Concrete Holdings LLC
since 2023
4 recorded transactions
Zoning & alternative use
I-1 · Roseville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$930,000
+77.4%
Auto repair, garage
$765,000
+45.4%
Warehouse, storage
$600,000
+14.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Roseville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roseville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$525,000
Current use
COMMERCIAL (GENERAL)
$930,000
Change: +77% · Conversion: Difficult
AUTO REPAIR, GARAGE
$765,000
Change: +45% · Conversion: Easy
WAREHOUSE, STORAGE
$600,000
Change: +14% · Conversion: Easy
RETAIL STORES
$590,000
Change: +13% · Conversion: Moderate
OFFICE BUILDING
$485,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$70 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$15,873
Tax year 2022
Assessed value
$215,100
Assessed 2023
Previous assessed
$207,600
+3.6% YoY
Effective rate
7.38%
On assessed value
Total market value
$430,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
1955
Heating
FORCED AIR
Stories
1
Total area
8,876 SF
Lot
1.02 ac (44,431 SF)
Zoning code
I-1
APN
08-14-07-452-037
UPID
US43-1521422
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Roseville, MI
Zoning I-1 · permitted uses
I-1 · Roseville, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roseville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$525,000
COMMERCIAL (GENERAL)
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$765,000
WAREHOUSE, STORAGE
Est. value
$600,000
RETAIL STORES
Est. value
$590,000
OFFICE BUILDING
Est. value
$485,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Heating
FORCED AIR
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
U S Concrete Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
29060 GROESBECK HWY, ST CLAIR SHORES, MI 48081
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2023
—
U S Concrete Holdings LLC
Jason Hollingsworth
Intrafamily Transfer
related
—
Jun 1, 2021
—
Carla M Brawner
Us Concrete Products LLC
Deed
—
Jan 25, 2017
—
Carla M Brawner
Bizzocchi Frank A Trust
Quit Claim Deed
related
—
Mar 1, 2013
—
Bizzocchi Franco A Trust
Bizzocchi,frank
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
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