Property profile

32582 Groesbeck Hwy Fraser, MI 48026

OFF-MARKET
Commercial real estate
Property ID
US43-0282669
720 SF 0.28 ac lot Built 1950
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Construction TYPE NOT SPECIFIED
Total area 720 SF
Lot 0.28 ac (12,197 SF)
Zoning code CG
APN 03-14-05-203-007
UPID US43-0282669

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
  • Hardware & Home Improvement HVAC Service

Location

32582 Groesbeck Hwy Fraser, MI 48026-3150
Fraser metro Census 254500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2009
$75,000
2009
Price N/A
2004
Price N/A

Zoning & alternative use

CG · Fraser, MI
Zoning description

Sec. 32-135. - General business district, CG. The CG general business district is designed to provide for a wide diversity of business activities which are predominantly, but not necessarily, totally retail in character.…

General category COMMERCIAL

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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