Financial
Distress signals
Property profile

32637 Groesbeck Hwy Fraser, MI 48026

OFF-MARKET
Distribution centers
Property ID
US43-5174970
13,920 SF 1.35 ac lot Built 1966
Last sale May 2006 · $573,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two industrial buildings located west of I-94 with access to I-94 and I-696. The North Building contains 13,920 square feet total, including 1,200 square feet of dedicated office space and a 12,720-square-foot open shop area; it was renovated in 2022 and provides 17-foot clear height, with one overhead door measuring 12' x 14' and space to add an additional overhead door. The South Building comprises 15,360 square feet total with 5,520 square feet of office space,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2023$303k
Effective rate4.64%

Value estimate

· Sep 2026
$615k
$554k – $677k
Submarket $/SF estimate$795k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$22 – $126
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IC
General categoryINDUSTRIAL
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 agency53.2
Restaurant35.0
Law Firm32.6

Location

32637 Groesbeck Hwy Fraser, MI 48026-3116
County assessor Recorded deeds · 7 transfers 4 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

1 recorded sale · 18 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
32890 Groesbeck, Fraser, MI 48026-3129 $42,000 Apr 2020 3,996 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
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