Technical
Financial
Distress signals
Property profile

21250 Gratiot Ave Eastpointe, MI 48021

OFF-MARKET
Grocery and convenience stores
Property ID
US43-0089771
776 SF 0.14 ac lot Built 1956
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1956
Total area 776 SF
Lot 0.14 ac (6,011 SF)
Zoning code B-3
APN 02-14-31-309-001
UPID US43-0089771

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21250 Gratiot Ave Eastpointe, MI 48021-2829
Eastpointe metro Census 258800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2022
Last sale
$130,000
5 recorded transactions
2022
$130,000
2020
$180,000
2017
$90,000
2005
Price N/A
2005
$160,000

Zoning & alternative use

B-3 · Eastpointe, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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