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Property profile & analytics
FOR SALE
Auto shops
29999 Groesbeck Hwy Roseville, MI 48066
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-1032712
For Sale
$975,000
29999 Groesbeck Hwy, Roseville, MI 48066
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1960
Total area
2,655 SF
Lot
0.52 ac (22,695 SF)
Zoning code
B-3
APN
08-14-07-426-002
UPID
US43-1032712
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
-
A&B Motors Groesbeck Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
29999 Groesbeck LLC · 2 yrs held
29999 Groesbeck LLC
since 2023
Last sale
$964,000
7 recorded transactions
Zoning & alternative use
B-3 · Roseville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,000,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $964k (Oct 16 2023)
Last sale anchor
$964k
Oct 16 2023
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
$367 / 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
$6,802
Tax year 2022
Assessed value
$125,900
Assessed 2023
Previous assessed
$125,900
+0.0% YoY
Effective rate
5.40%
On assessed value
Total market value
$251,800
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1960
Heating
FORCED AIR
Stories
1
Total area
2,655 SF
Lot
0.52 ac (22,695 SF)
Zoning code
B-3
APN
08-14-07-426-002
UPID
US43-1032712
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Roseville, MI
Zoning B-3 · permitted uses
B-3 · 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.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
29999 Groesbeck LLC
Entity
Mailing address
29999 GROESBECK HWY, ROSEVILLE, MI 48066-1935
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2023
$964,000
29999 Groesbeck LLC
Cat Capital LLC
Warranty Deed
—
Jul 25, 2022
—
Cat Capital LLC
—
Deed
related
$1,800,000 · Superior National Bank
Jun 23, 2017
—
Cat Capital LLC
—
Deed
related
$500,000 · Main Street Bank
Jul 20, 2011
$125,000
Cat Capital LLC
Findling,david
Grant Deed
related
—
—
—
Acba Ents LLC
—
Deed Of Trust
related
$300,000 · Paramount Bank
—
—
Acba Ents LLC
—
Deed Of Trust
related
$29,000 · Paramount Bank
—
—
Cat Capital LLC
—
Deed Of Trust
related
$75,000 · Main Street Bank
—
—
Cat Capital LLC
—
Deed Of Trust
related
$145,609 · Main Street Bank
—
—
Acba Ents LLC
—
Deed Of Trust
related
$400,000 · Paramount Bank
—
—
Acba Ents LLC
—
Deed Of Trust
related
$210,000 · Paramount Bank
—
—
Acba Ents LLC
—
Deed Of Trust
related
$300,000 · Paramount Bank
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
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