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    Property profile & analytics
    OFF-MARKET Estimated value $565,000
    Commercial real estate

    30151 Gratiot Ave, Roseville, MI 48066-1715

    5,180 SF 0.27 ac lot Built 1986
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US43-0938082
    Property summary
    AI-generated overview

    This exceptional Roseville, MI retail property, located at 30151-30159 Gratiot Avenue, presents a unique investment opportunity. Boasting 5,180 square feet of vacant space on a 0.48-acre lot, this single-story, 1986-built building offers significant potential for various commercial uses, including daycare, pharmacy, or storefront retail. The property features 120 feet of prime frontage on Gratiot Avenue, ensuring high visibility and accessibility. A significant advantage is the inclusion of a paved parking lot with 33 dedicated parking spaces, a rare find in this location. The building's interior features 13-foot ceilings and a robust electrical system with 800 amps already installed, catering to a wide range of business needs. The property is zoned for commercial use and offers two separate addresses, providing flexibility for potential tenants or multi-unit operations. Priced at $709,999 ($137.07/sq ft), this property represents a compelling investment in a thriving commercial corridor. The property's location in Macomb County, Michigan, zip code 48066, offers easy access to major transportation routes and a strong local market. This is a chance to acquire a well-situated, versatile commercial property with excellent potential for immediate return on investment.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1986
    Total area 5,180 SF
    Lot 0.27 ac (11,761 SF)
    Zoning code B-3
    APN 08-14-09-154-040
    UPID US43-0938082
    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
    by Request
    Comparable Approach Comparable
    $564k
    Blend (final) Blend
    $565k
    Owner & transaction history
    Babas Basket LLC · 7 yrs held
    Babas Basket LLC
    since 2018
    4 recorded transactions
    2018
    2018
    2018
    $510,000
    2005
    Zoning & alternative use
    B-3 · Roseville, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $735,000 +35.1%
    Medical building $635,000 +17.1%
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