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Property profile & analytics

33080 Groesbeck Hwy Fraser, MI 48026-1515

  • Commercial real estate
  • 14,108 SF
  • 0.52 lot acres
OFF-MARKET
Last Sale
Dec 08, 2022
$750,000
Value Estimations
$765,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1824500
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Moravian Insurance Agency / Home Insurance Agency / Motorcycle Insurance Agency

Property Details for 33080 Groesbeck Hwy

Year built
1960
Lot size
0.52 lot acres
Property size
14,108 SF
Zone code
CG
Property type
Commercial real estate
APN
03-11-32-476-035
APU
31132476035

Description

This exceptional medical office opportunity is located in the thriving Macomb East Shopping Center at 33080 Groesbeck Hwy, Fraser, MI 48026. The property offers a total of 18,808 square feet of retail and office space, with a significant portion currently available for lease. Multiple suites are available, ranging from a minimum of 800 square feet to a maximum contiguous space of 1,535 square feet, with a total of 9,485 square feet currently vacant. This presents a unique chance for medical professionals seeking flexible and adaptable space to suit their specific needs. The center boasts ample parking with 92 spaces available for tenants and their clients. The property is conveniently located in Macomb County, offering easy access for patients and staff. The building is categorized as a multi-tenant property, providing a vibrant and collaborative environment. This prime location in Fraser, Michigan, provides excellent visibility and accessibility, making it an ideal setting for a thriving medical practice. The available space is perfect for a variety of medical uses, offering a chance to establish or expand a practice in a well-established and convenient location. Interested parties should inquire about the available suite sizes and lease terms.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $750,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $785,000
    Market price range: $784k - $2.39M
    AI Estimate
    $785,000
    Market price range: $784k - $2.39M
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $1,215,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fraser
County
Macomb
State
Michigan
Longitude
-82.9341
Latitude
42.5397
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$15,577
$0.00
$0.00
$295,100
-
$0.00
$0.00
$590,200
More about this property
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