Property profile

95 N Groesbeck Hwy Mount Clemens, MI 48043

FOR SALE
Retail space
Property ID
US43-1531987
3,528 SF 0.17 ac lot Built 1985
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a freestanding 4,000-square-foot building that was previously used as a bakery and restaurant and remains equipped with existing equipment. Access is provided from both Cass Avenue and Groesbeck Highway, and the site is located near major transportation routes, including I-94 and Hall Road. The building’s configuration supports potential restaurant or retail uses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction CONCRETE BLOCKS
Total area 3,528 SF
Lot 0.17 ac (7,536 SF)
Zoning code GC
APN 05-11-10-452-003
UPID US43-1531987

Cap rate & NOI

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

Location

95 N Groesbeck Hwy Mount Clemens, MI 48043
Mount Clemens metro Census 245200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2017
2 recorded transactions
2017
$130,000
2008
Price N/A

Zoning & alternative use

GC · 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 COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message