Property profile & analytics
35512 23rd Mile Rd New Baltimore, MI 48047-2020
- Grocery and convenience stores
- 1,265 SF
- 0.34 lot acres
Location Intelligence
Property ID
US43-1507253
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
- ARCO / Gas Station
Property Details for 35512 23rd Mile Rd
- Year built
- 2008
- Lot size
- 0.34 lot acres
- Property size
- 1,265 SF
- Zone code
- GC
- Property type
- Grocery and convenience stores
- APN
- 06-09-24-203-033
- APU
- 60924203033
Description
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
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $580,000
- 6.5%
- $565,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $620,000
- Geo Method
- $505,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $520,000
- Retail
- $445,000
- Mixed-Use
- $525,000
- Hospitality
- $520,000
- Educational
- $605,000
- Residential Income
- $490,000
- Energy
- $485,000
- Income-Based Land
- $515,000
- Food Service
- $625,000
Location Insight
- Map
- Local Demand
- City
- New Baltimore
- County
- Macomb
- State
- Michigan
- Longitude
- -82.7455
- Latitude
- 42.6759
- 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
$14,385
$0.00
$0.00
$256,000
-
$0.00
$0.00
$512,000
