Property profile

34900 Groesbeck Hwy Clinton Township, MI 48035

OFF-MARKET
Retail space
Property ID
US43-1206892
16,040 SF 2.54 ac lot Built 1966
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Total area 16,040 SF
Lot 2.54 ac (110,730 SF)
Zoning code B-3
APN 16-11-33-126-002
UPID US43-1206892

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
  • Building Supply Hardware & Home Improvement

Location

34900 Groesbeck Hwy Clinton Township, MI 48035-3367
Clinton Township metro Census 241600 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
$1.76M
Blend (final) Blend
$780k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2005
Price N/A

Zoning & alternative use

B-3 · Clinton Township, MI
Top alternative use upside
Restaurant $2.3M +16.8%
Medical building $2.0M +1.2%

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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