Property profile

29775 Groesbeck Hwy Roseville, MI 48066

OFF-MARKET
Motels
Property ID
US43-1464470
8,626 SF 0.7 ac lot Built 1965
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1965
Total area 8,626 SF
Lot 0.7 ac (30,492 SF)
Zoning code I-2
APN 08-14-07-403-011
UPID US43-1464470

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
  • Hotel & Motel Bed & Breakfast

Location

29775 Groesbeck Hwy Roseville, MI 48066-1923
Roseville metro Census 255400 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
$1.92M

Owner & transaction history

since 2023
Last sale
$1.9M
5 recorded transactions
2023
$1.9M
2020
$250,000
2015
Price N/A
2010
Price N/A
2005
Price N/A

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

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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