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    Property profile & analytics

    40401 Groesbeck Hwy Clinton Township, MI 48036-5005

    • Grocery and convenience stores
    • 214,201 SF
    • 24.10 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1785170
    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

    • Grocery and convenience stores

    Property Details for 40401 Groesbeck Hwy

    Year built
    2007
    Lot size
    24.10 lot acres
    Property size
    214,201 SF
    Zone code
    B-3
    Property type
    Grocery and convenience stores
    APN
    16-11-15-176-044
    APU
    161115176044

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9028
    Latitude
    42.5966
    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
    $326,807
    $0.00
    $0.00
    $5,052,500
    -
    $0.00
    $0.00
    $10,105,000

    Comparable in this City

    • Value Estimation by Request
      19,744 SF

      39827 Groesbeck Hwy

      GROCERY, SUPERMARKET • 19,744 SF
      39827 Groesbeck Hwy, Clinton Township, MI 48036-5006
      View Details
    • Value Estimation by Request
      3,000 SF

      37170 Utica Rd

      GROCERY, SUPERMARKET • 3,000 SF
      37170 Utica Rd, Clinton Township, MI 48036-1670
      View Details
    • Value Estimation by Request
      2,556 SF

      37335 Harper Ave

      GROCERY, SUPERMARKET • 2,556 SF
      37335 Harper Ave, Clinton Township, MI 48036-3015
      View Details
    • Value Estimation by Request
      57,042 SF

      37155 Harper Ave

      GROCERY, SUPERMARKET • 57,042 SF
      37155 Harper Ave, Clinton Township, MI 48036-3013
      View Details
    • Value Estimation
      $585,000
      752 SF

      43600 Gratiot Ave

      GROCERY, SUPERMARKET • 752 SF
      43600 Gratiot Ave, Clinton Township, MI 48036-3330
      View Details
    • Value Estimation by Request
      4,688 SF

      38530 Groesbeck Hwy

      GROCERY, SUPERMARKET • 4,688 SF
      38530 Groesbeck Hwy, Clinton Township, MI 48036-1930
      View Details

    Similar Nearby for Sale

    • $849,000

      Seafood Market Business and Building

      Established seafood market with building for sale in Clinton Township.
      38937 Harper Ave, Clinton Township, MI 48036
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    • $649,900
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      Profitable Liquor Store Business Opportunity

      Thriving liquor store business for sale in Clinton Township.
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      Prime Clinton Twp Restaurant

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    • $1,299,000
      1,929 SF

      Freestanding Drive-Thru Property For Sale

      Freestanding drive-thru property with substantial parking and monument signage.
      37710 S Gratiot Ave, Clinton Township, MI 48036
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    • Contact for pricing
      18,791 SF

      Groesbeck Hwy Retail Redevelopment

      High-traffic retail space, vacant, 18,791 SF
      44925 Groesbeck Hwy, Clinton Township, MI 48036
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    • $849,900

      High-Traffic Corner Lot with Building

      Prime corner lot with existing mechanic shop and billboard income.
      43560 N Groesbeck Hwy, Clinton Township, MI 48036
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    Similar Nearby for Lease

    • $1,550 /Mo
      920 SF

      Retail Space with Open Layout

      Retail space with high visibility and traffic in Clinton Township.
      21396-21404 Cass Ave, Clinton Township, MI 48036
      View Details
    • Contact for pricing
      648 SF

      Meijer In-Store Retail Space

      648 sq ft, prime retail location
      40445 Groesbeck Hwy, Clinton Twp, MI 48036
      View Details
    • Contact for pricing
      1,400 SF

      Retail Spaces For Lease

      Retail spaces available on Groesbeck Hwy and 16 Mile Rd.
      37235 S Groesbeck Hwy, Clinton Township, MI 48036
      View Details
    • Contact for pricing
      4,200 SF

      Office Space with Drive-Thru

      Professionally managed office space ideal for financial institutions.
      37040 Garfield Rd, Clinton Township, MI 48036
      View Details
    • $15 SF/Yr
      1,945 SF

      Retail Suites For Lease

      Retail suites available for lease in a busy strip center.
      37005 Gratiot Ave, Clinton Township, MI 48036
      View Details
    • $1,600 /Mo
      1,500 SF

      High-Traffic Retail Space Available

      Retail space in high-traffic area near major intersection.
      44637 N Gratiot Ave, Clinton Township, MI 48036
      View Details

    Property Visit Statistics

    • Visits by month
      29.8k
    • Visitors by month
      20.0k
    • Avg Time on site
      5 min
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    40401 Groesbeck Hwy
    Clinton Township, MI 48036-5005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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