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Property profile

50 Groesbeck Hwy Mount Clemens, MI 48043

OFF-MARKET
Grocery and convenience stores
Property ID
US43-4199225
111,138 SF 10.7 ac lot Built 1966
Last sale May 2005 · $11,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 0.71-acre ground-lease site with plans for a 2,000-square-foot commercial building. It fronts N Groesbeck Hwy and is positioned to serve vehicular traffic in both northbound and southbound directions. The site functions as an outparcel near established retail uses, including Planet Fitness and Mister Car Wash, and is located within a commercial retail environment with nearby national retailers. The site’s configuration and frontage support neighborhood- and driver-oriented…

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 · 2022

What does the county charge?
$95k
Tax billed · 2022
Assessed value · 2023$2.15M
Effective rate4.41%

Value estimate

· Oct 2026
$11.93M
$10.74M – $13.12M
CAP approach$12.64M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$87/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$58 – $117

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GC
Commercial/Office (MU, GC) Major Major Minor Major Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In ins...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.3
Realty agency14.8
Spa & Massage12.4

Location

50 Groesbeck Hwy Mount Clemens, MI 48043-5427
County assessor Recorded deeds · 3 transfers 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
158 Main, Mount Clemens, MI 48043-2369 $700,000 Jan 2026 15,750 SF
52 Walnut, Mount Clemens, MI 48043-5620 $987,500 Dec 2023 6,112 SF
81 Macomb, Mount Clemens, MI 48043-5625 $325,000 Jan 2022 8,312 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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