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    Property profile & analytics
    OFF-MARKET Estimated value $1,885,000
    Retail space

    37040 Grn St, New Baltimore, MI 48047-1610

    8,080 SF 1.13 ac lot Built 2012
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US43-2317515
    Property summary
    AI-generated overview

    This exceptional 5,000-square-foot retail space is available for lease in the thriving New Baltimore, Michigan market. Located at 37040 Green St, this single-tenant property sits on a sizable 0.85-acre lot, offering ample space and visibility. The building's total square footage is 5,000 square feet, with the entire space currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a prominent location in a desirable area. The property's address is 37040 Green St, New Baltimore, MI 48047, and its location within Macomb County provides easy access to major transportation routes and a strong customer base. The property's APN is 06-09-13-281-030. The property type is classified as retail commercial. This is a single-tenant occupancy building, ideal for a business seeking a standalone presence. The expansive lot size provides ample parking and potential for future expansion or outdoor amenities. This is a turnkey opportunity for a business looking to establish or expand its presence in a vibrant community. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Contact us today to learn more about this exceptional retail space and schedule a viewing.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2012
    Total area 8,080 SF
    Lot 1.13 ac (49,223 SF)
    Zoning code GC
    APN 06-09-13-281-031
    UPID US43-2317515
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dollar General Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.88M
    Blend (final) Blend
    $1.89M
    Owner & transaction history
    Realty Income Properties 17 · 12 yrs held
    Realty Income Properties 17
    since 2013
    4 recorded transactions
    2013
    $1.5M
    2012
    $200,000
    2007
    2007
    $600,000
    Zoning & alternative use
    GC · New Baltimore, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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