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Financial
Distress signals
Property profile

35512 23rd Mile Rd New Baltimore, MI 48047

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1507253
1,265 SF 0.34 ac lot Built 2008
Last sale Jul 2026 · $620,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This profitable Arco gas station in New Baltimore, Michigan, is offered at $1,050,000. The 1,265 square foot building sits on a prominent .34-acre corner lot, providing ample space for potential expansion. Recently remodeled, this established business boasts impressive sales volume, averaging approximately 50,000 gallons of fuel per month. The eight-pump station benefits from healthy profit margins ranging from $0.25 to $0.40 per gallon. Financial data is estimated

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.

Debts

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$256k
Effective rate5.62%

Value estimate

· Oct 2026
$515k
$464k – $567k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$186/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$84 – $306
Qualifying comparables11

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?
GC
in the local commercial business district. This GC district is designed to provide sites for more diversified business types and are ofte...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop16.7
Law Firm14.8
Auto Parts Store14.1

Location

35512 23rd Mile Rd New Baltimore, MI 48047-2020
County assessor Recorded deeds · 5 transfers 11 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36457 Alfred, New Baltimore, MI 48047-2502 $260,000 Dec 2023 2,296 SF
36612 Grn, New Baltimore, MI 48047-2538 $150,000 Feb 2023 1,566 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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