Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

31560 Groesbeck Hwy Fraser, MI 48026

FOR SALE
Retail space
Property ID
US43-0140407
1,000 SF 0.71 ac lot Built 1960
Last sale Aug 2019 · $180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2023$97k
Effective rate5.90%

Value estimate

· Oct 2026
$275k
$248k – $303k
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$1k
Operating expenses−$3k
NOI · 0.87% cap applied$7k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 339 recorded sales of this use type
Observed band · Q1–Q3$57 – $168
Qualifying comparables6

Cap rate analysis

How does the asset earn?
0.87%
$7k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
Sec. 32-135. - General business district, CG. The CG general business district is designed to provide for a wide diversity of business ac...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency56.0
Restaurant35.6
Law Firm34.8

Location

31560 Groesbeck Hwy Fraser, MI 48026
County assessor Recorded deeds · 8 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16635 14th Mile, Fraser, MI 48026-1927 $350,000 Apr 2025 1,246 SF
31000 Groesbeck, Fraser, MI 48026-2515 $300,000 Jul 2024 2,001 SF
32314 Utica, Fraser, MI 48026-2221 $260,000 Jan 2024 2,230 SF
31100 Groesbeck, Fraser, MI 48026-3902 $3,464,000 Oct 2021 13,791 SF
31370 Groesbeck, Fraser, MI 48026-3904 $179,000 Apr 2021 3,135 SF
32640 Utica, Fraser, MI 48026-3833 $475,000 Mar 2021 3,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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