Financial
Distress signals
Property profile

24611 Gratiot Ave Eastpointe, MI 48021

OFF-MARKET
Other specialty properties
Property ID
US43-0083444
9,520 SF 1.05 ac lot Built 1955
Last sale Sep 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is an event-focused banquet hall facility with a flexible interior layout that can be configured as one larger space or separated into two smaller rooms. It includes two bar areas and two sets of bathrooms to support service under multiple configurations, with an estimated guest capacity of approximately 450. The site is located at a Gratiot turnaround and features digital signage. The property sits on an irregular-shaped lot of over one acre with approximately 100 parking spaces,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$20k
Tax billed · 2022
Assessed value · 2023$438k
Effective rate4.59%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
B-3
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.8
Law Firm20.2
Building Supply16.7

Location

24611 Gratiot Ave Eastpointe, MI 48021-3310
County assessor Recorded deeds · 2 transfers 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15000 10th Mile, Eastpointe, MI 48021-1001 $400,000 Dec 2023 2,940 SF
16435 8th Mile, Eastpointe, MI 48021-3051 $1,200,000 Nov 2022 12,888 SF
16345 9th Mile, Eastpointe, MI 48021-2439 $610,000 Jul 2022 8,433 SF
22711 Kelly, Eastpointe, MI 48021-2036 $810,000 Nov 2021 6,395 SF
22312 Kelly, Eastpointe, MI 48021-2666 $198,000 Apr 2020 2,704 SF
19000 9th Mile, Eastpointe, MI 48021-2032 $475,000 Dec 2018 4,375 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
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