Property profile

37820 Grn St New Baltimore, MI 48047

OFF-MARKET
Grocery and convenience stores
Property ID
US43-4405534
3,116 SF 0.85 ac lot Built 1980
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1980
Total area 3,116 SF
Lot 0.85 ac (37,070 SF)
Zoning code GC
APN 06-15-18-103-018
UPID US43-4405534

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
  • Gas Station
  • Gas Station

Location

37820 Grn St New Baltimore, MI 48047-4212
New Baltimore metro Census 220004 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.61M

Owner & transaction history

since 2019
Last sale
$4.2M
7 recorded transactions
2019
$1.6M
2017
Price N/A
2015
Price N/A
2015
$160,000
2011
Price N/A
2009
$550,296
2007
Price N/A

Zoning & alternative use

GC · New Baltimore, MI
Zoning description

in the local commercial business district. This GC district is designed to provide sites for more diversified business types and are often located so as to serve passerby, highway-oriented traffic. These uses would gener…

General category COMMERCIAL

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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