Property profile

51 Southbound Gratiot Ave SB Mount Clemens, MI 48043

OFF-MARKET
Office buildings
Property ID
US43-1130531
2,181 SF 0.24 ac lot Built 2006
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Total area 2,181 SF
Lot 0.24 ac (10,280 SF)
Zoning code CB
APN 05-11-14-210-014
UPID US43-1130531

Cap rate & NOI

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

Location

51 Southbound Gratiot Ave, Unit SB Mount Clemens, MI 48043-2386
Mount Clemens metro Census 245300 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
$225k

Owner & transaction history

since 2024
Last sale
$549,000
1 recorded transaction
2024
$549,000

Zoning & alternative use

CB · Mount Clemens, MI
Zoning description

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 intended to provide the screening, the "protected u…

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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