Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

3980 Pine Grove Ave Fort Gratiot Township, MI 48059

FOR SALE
Commercial real estate
Property ID
US43-4551995
4,440 SF 1.46 ac lot Built 1956
Last sale Mar 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$213k
Effective rate2.32%

Value estimate

· Oct 2026
$445k
$401k – $490k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 4.80% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
County average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$47 – $140

Cap rate analysis

How does the asset earn?
4.80%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2*
JurisdictionSAINT CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.4
Wholesale Shop15.0
Kitchen & Bath12.4

Location

3980 Pine Grove Ave Fort Gratiot Township, MI 48059
County assessor Recorded deeds · 1 transfer 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
3841 Pne Grv, Fort Gratiot, MI 48059-4216 $325,000 Dec 2023 4,393 SF
3991 24th, Fort Gratiot, MI 48059-4102 $595,000 Jul 2022 4,488 SF
4259 Gratiot, Fort Gratiot, MI 48059-3993 $360,000 May 2022 4,550 SF
5769 Lakeshore, Fort Gratiot, MI 48059-2816 $200,000 May 2021 3,890 SF
3968 Pne Grv, Fort Gratiot, MI 48059-4218 $450,000 Oct 2020 3,646 SF
3024 Krafft, Fort Gratiot, MI 48059-3821 $630,000 Jul 2020 4,122 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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