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Property profile

5805 Lakeshore Rd 12 Fort Gratiot, MI 48059

OFF-MARKET
Commercial real estate
Property ID
US43-4550358
7,040 SF 2.82 ac lot Built 1950
Last sale Feb 2023
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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 · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$218k
Effective rate3.83%

Value estimate

· Oct 2026
$480k
$432k – $528k
Submarket $/SF estimate$502k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
County average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$47 – $140

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?
C-1*
JurisdictionSAINT CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant11.6
Parking Facility10.2
Hair Salon10.2

Location

5805 Lakeshore Rd, Unit 12 Fort Gratiot, MI 48059-2820
County assessor Recorded deeds · 1 transfer 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4220 24th, Fort Gratiot, MI 48059-3880 $2,250,000 May 2024 5,786 SF
3841 Pne Grv, Fort Gratiot, MI 48059-4216 $325,000 Dec 2023 4,393 SF
4620 24th, Fort Gratiot, MI 48059-3402 $327,000 May 2023 9,217 SF
3991 24th, Fort Gratiot, MI 48059-4102 $595,000 Jul 2022 4,488 SF
4259 Gratiot, Fort Gratiot, MI 48059-3993 $360,000 May 2022 4,550 SF
3024 Krafft, Fort Gratiot, MI 48059-3821 $630,000 Jul 2020 4,122 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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