10570 Gratiot Ave Detroit, MI 48213-1227
Property profile & analytics
10570 Gratiot Ave Detroit, MI 48213-1227
- Super regional malls
- 32,239 SF
- 2.23 lot acres
Property ID
US43-1063152
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Nationalwide Furniture Warehouse / Furniture & Home Goods / Home Decor Store
- Dealer's Wholesale Furniture / Furniture & Home Goods / Home Decor Store
- Diamonds R Us / (Bike/Boat/Book/etc) Store
- Michigan Furniture Source Inc / Furniture & Home Goods / Home Decor Store
Property Details for 10570 Gratiot Ave
- Year built
- 1999
- Lot size
- 2.23 lot acres
- Property size
- 32,239 SF
- Zone code
- M2
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 19001585.
- APU
- 19001585
Description
This exceptional Detroit industrial property offers a unique investment opportunity encompassing three buildings totaling 53,240 square feet on a 3.74-acre lot. The property is zoned M3 and boasts high visibility commercial frontage on Gratiot Avenue. Building 1, a 24,240 square foot structure, combines retail/office/warehouse space with three loading docks, overhead doors, and upstairs office areas. Building 2 is an 8,000 square foot garage building featuring multiple overhead doors on both the front and rear. Building 3, a 21,000 square foot warehouse, includes two loading docks, an overhead door, a racking system, a fully sprinklered system, and is described as extra clean with a small office area. The property features a large, fenced, and gated yard providing ample customer parking. Key advantages include proximity to I-94 and Conner Avenue, adjacency to an active rail line with potential spur line access, and location next to a brand new 650,000 square foot Lear facility and a 2-acre city-owned industrial site currently available. The property also benefits from its close proximity to the City Airport. All buildings are in excellent condition and feature newer roofing. The asking price is $1,550,000, or $29.11 per square foot. This is a rare opportunity to acquire a well-maintained, strategically located industrial complex with significant potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,117,000
- AI Estimate
- $969,000
Market price range: $1.12M - $2.94MMarket price range: $969k - $1.97M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9993
- Latitude
- 42.4004
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$11,772
$0.00
$0.00
$354,800
-
$0.00
$0.00
$709,600
