Financial
Distress signals
Property profile

27920 Gratiot Ave Roseville, MI 48066

FOR SALE
Office buildings
Property ID
US43-3918569
9,900 SF 0.55 ac lot Built 1955
Last sale Aug 2025 · $649,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of a portfolio of two office buildings with updates and ongoing maintenance. The site includes a private parking lot with capacity for 20 vehicles. The buildings are situated in an area with convenient access to I-696 and I-94, and the configuration supports use by either an investor or an end user.

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?
$15k
Tax billed · 2022
Assessed value · 2023$214k
Effective rate6.91%

Value estimate

· Sep 2026
$525k
$473k – $578k
Submarket $/SF estimate$404k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$7k
Operating expenses−$16k
NOI · 9.89% cap applied$37k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$41 – $66
Qualifying comparables9

Cap rate analysis

How does the asset earn?
9.89%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
70-34 Required conditions. Article XI B-2 Community Business District § 370-35 Intent. § 370-36 Principal permitted uses . § 370-37 Permi...
General categoryCOMMERCIAL
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 agency35.6
Law Firm34.9
Spa & Massage18.6

Location

27920 Gratiot Ave Roseville, MI 48066
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25600 Kelly, Roseville, MI 48066-4932 $200,000 Oct 2024 4,567 SF
26345 Gratiot, Roseville, MI 48066-5107 $250,000 Dec 2023 6,624 SF
18044 13th Mile, Roseville, MI 48066-1603 $390,000 Sep 2023 5,125 SF
20415 Erin, Roseville, MI 48066-4535 $315,000 Feb 2023 5,200 SF
28351 Gratiot, Roseville, MI 48066-4252 $390,000 Aug 2022 6,925 SF
27432 Groesbeck, Roseville, MI 48066-2715 $595,000 Feb 2022 13,004 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
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