Technical
Financial
Distress signals
Property profile

University Grosse Pointe, MI 48230

OFF-MARKET
Commercial land
Property ID
US43-4006056
0.17 ac lot
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.17 ac (7,405 SF)
Zoning code P-1
APN 37 001 06 0143 000
UPID US43-4006056

Cap rate & NOI

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

Location

University Grosse Pointe, MI 48230
Grosse Pointe metro 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
$1.10M

Owner & transaction history

since 2020
Last sale
$1.1M
1 recorded transaction
2020
$1.1M

Zoning & alternative use

P-1 · Grosse Pointe, MI
Zoning description

DIVISION 9. - P-1 VEHICULAR PARKING DISTRICT Sec. 90-316. - Statement of purpose. The P-1 vehicular parking district is intended to permit the establishment of areas to be used for off-street vehicular parking or private…

General category OPEN_SPACE

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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