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    21206 Gratiot Ave Eastpointe, MI 48021

    Sponsored
    For Sale
    $150,000

    High-traffic location, ideal for business. Land contract available.

    Property size:
    1,589 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1,589 square foot industrial property, situated at 21206 GRATIOT in Eastpointe, Michigan, presents a compelling investment opportunity. Located on a 0.09-acre lot, this building benefits from its prime position in a high-traffic area, making it exceptionally well-suited for a diverse range of businesses. The property is offered at $150,000 and is available via a land contract, offering a flexible and potentially attractive financing option for prospective buyers. The building's size and location make it suitable for various commercial uses, providing ample space for operations and convenient access for customers and suppliers. The high traffic count ensures significant visibility and potential for increased customer interaction. Serious inquiries are encouraged to explore this promising commercial real estate opportunity further. The property's strategic location and flexible financing options make it an attractive proposition for entrepreneurs and investors seeking a foothold in a thriving commercial area. Detailed property information and specifications are available upon request. Don't miss this chance to acquire a well-positioned industrial property in a high-demand location.

    Property Features for 21206 Gratiot Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    1,589 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Kamaria Makeupartist Make-Up Artist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.96464
    Latitude
    42.45369

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    FAQs

    What type of property is this?
    Industrial property - High-traffic location, ideal for business. Land contract available.
    Where is this industrial property located?
    The property is located at 21206 Gratiot Ave Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    (248) 729-7777
    Request Owner's contact information
    21206 Gratiot Ave Eastpointe, MI 48021
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    Eastpointe, MI 48021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21206 Gratiot Ave Eastpointe, MI 48021
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