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    OFF-MARKET
    Bowling alleys

    44925 Groesbeck Hwy, Clinton Township, MI 48036-1126

    19,069 SF 2.66 ac lot Built 1974
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-5235369
    Property summary
    AI-generated overview

    This exceptional 18,791 square foot retail property located at 44925 N Groesbeck Highway in Clinton Township, Michigan, presents a rare redevelopment opportunity. Situated on a substantial 2.69-acre lot, this vacant building offers unparalleled visibility and accessibility. The property benefits from a prime location, easily accessible from both Hall Road and Groesbeck Highway, placing it within a high-traffic commercial corridor. Its B-3 (General Business) zoning allows for a diverse range of potential uses, catering to a variety of business ventures. The strategic location near the heavily trafficked I-94 & M-59 interchange in Southeast Michigan ensures significant exposure to a large customer base. Furthermore, the property enjoys proximity to major national retailers, including Walmart, The Home Depot, BJ's Wholesale Club, and Menards, creating a synergistic retail environment. This presents a unique chance to capitalize on a high-demand location and establish a thriving business within a well-established commercial area. The property's size and zoning provide flexibility for a wide array of development possibilities, making it an attractive investment for discerning buyers. The 48036 zip code further underscores its position within a thriving and densely populated region.

    Property profile
    Verified
    Property type Bowling alleys
    Use group BOWLING ALLEY
    Year built 1974
    Construction CONCRETE
    Total area 19,069 SF
    Lot 2.66 ac (116,087 SF)
    Zoning code B-3
    APN 16-11-02-200-053
    UPID US43-5235369
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Speedway LLC · 5 yrs held
    Speedway LLC
    since 2021
    3 recorded transactions
    2021
    2013
    $400,000
    2007
    $842,500
    Zoning & alternative use
    B-3 · Clinton Township, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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