Realmo Analytics

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Property profile

14647 Gratiot Ave Detroit, MI 48205

OFF-MARKET
Retail space
Property ID
US43-2157473
1,682 SF 0.04 ac lot Built 1950
Last sale Nov 2010 · $500
Entity Owned Owner of record is a legal entity (LLC / corporation). 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.
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Property summary

AI-generated overview

The property at 14647 Gratiot Ave in Detroit is a retail-oriented parcel zoned B4 (General Business District). It fronts and is positioned on a main road, with conditions suitable for a tenant or owner to pursue a build-out tailored to the intended use. Mobility information provided for the area includes a BikeScore of 44, a WalkScore of 51, and a transitScore of 43.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$1k
Tax billed · 2020
Assessed value · 2024$40k
Effective rate3.51%

Value estimate

· Nov 2026
$135k
$122k – $149k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$32 – $95
Qualifying comparables19

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?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
JurisdictionWAYNE

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 agency39.3
Law Firm36.6
Dental Office31.4

Location

14647 Gratiot Ave Detroit, MI 48205-1925
County assessor Recorded deeds · 2 transfers 19 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12939 7th Mile, Detroit, MI 48205-2217 $35,000 May 2025 1,640 SF
13230 7th Mile, Detroit, MI 48205-2222 $19,000 Feb 2025 1,650 SF
13250 Gratiot, Detroit, MI 48205-3408 $65,000 Feb 2025 1,560 SF
15251 7th Mile, Detroit, MI 48205-2553 $4,700 Oct 2024 1,575 SF
13713 7th Mile, Detroit, MI 48205-2259 $40,000 Jan 2024 1,442 SF
15130 Gratiot, Detroit, MI 48205-1333 $180,168 Jun 2023 1,421 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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