Property profile

50 Crocker Blvd Mount Clemens, MI 48043

OFF-MARKET
Office buildings
Property ID
US43-1207999
5,642 SF 0.3 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1,900 square foot executive office suite, part of a larger 5,642 square foot building located at 50 Crocker Blvd, Mount Clemens, MI 48043, is available for lease starting February 1, 2024. The property, built in 1978 and renovated in 2019, features a highly efficient layout including four private offices, a conference room, a waiting room, and administrative space. The single-story building boasts a 10-foot ceiling height and ample onsite parking with 21 spaces available. Situated on a 0.298-acre lot, this Class C property offers convenient access to downtown Mount Clemens, including the court buildings and municipal building. The minimum divisible space is 1,900 square feet, with a total of 1,900 square feet currently vacant. The property is zoned MU and has a Macomb County APN of 05-11-14-279-011. This turnkey space is ideal for businesses seeking a well-maintained and conveniently located office environment. The property is easily accessible from 2nd Street.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 5,642 SF
Lot 0.3 ac (12,981 SF)
Zoning code MU
APN 05-11-14-279-011
UPID US43-1207999

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50 Crocker Blvd Mount Clemens, MI 48043-2580
Mount Clemens metro Census 245400 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
$215k

Owner & transaction history

since 2021
Last sale
$177,500
2 recorded transactions
2021
$177,500
2021
Price N/A

Zoning & alternative use

MU · Mount Clemens, MI
Zoning description

Commercial/Office (MU, GC) Major Major Minor Major Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In instances where a "protected use" is developed adjacent to and after the use which is…

General category MIXED_USE

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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