Financial
Distress signals
Property profile

35478 Groesbeck Hwy Clinton Township, MI 48035

OFF-MARKET
Commercial real estate
Property ID
US43-1802508
23,600 SF 2.06 ac lot Built 1985
Last sale Jan 2025 · $1,240,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-story, 23,297 square foot shopping center, located at 35478-35520 Groesbeck Hwy in Macomb County, offers multiple retail and office spaces for lease. Built in 1985 and renovated in 2001, the Class C property sits on a 2.06-acre lot (APN: 16-11-28-451-016) and boasts excellent traffic counts due to its prime location at the intersection of Groesbeck Hwy and 15 Mile Road. The center features 15 suites, with a total of 7,700 square feet currently vacant. Available spaces range from…

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?
$47k
Tax billed · 2022
Assessed value · 2023$700k
Effective rate6.75%

Value estimate

· Sep 2026
$570k
$513k – $627k
Submarket $/SF estimate$1.86M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169

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?
I-1
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 agency47.2
Law Firm40.8
Dental Office32.2

Location

35478 Groesbeck Hwy Clinton Township, MI 48035-2517
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35737 Harper, Clinton Township, MI 48035-3281 $800,000 May 2025 11,120 SF
36739 Garfield, Clinton Township, MI 48035-1138 $2,050,000 Nov 2024 25,247 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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