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Property profile & analytics

21300 Mack Ave Grosse Pointe, MI 48236

  • Office buildings
  • 12,209 SF
  • 0.63 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1771126
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.

Current Use by Public Records

  • Office buildings

Property Details for 21300 Mack Ave

Year built
1968
Lot size
0.63 lot acres
Property size
12,209 SF
Zone code
C
Property type
Office buildings
APN
40 004 99 0003 000
APU
40004990003000

Description

This exceptional Grosse Pointe Woods property, located at 21316 Mack Avenue, offers 11,920 square feet of versatile commercial space. The single-story building features five suites, with a total of 47 parking spaces available for tenants and their clients. Currently, the property includes a mix of medical, traditional office, and creative office tenants, showcasing its adaptability to various business needs. A significant 2,730 square feet of space is currently vacant, presenting a prime opportunity for expansion or new tenancy. The minimum divisible space is 2,730 square feet, allowing for flexibility in leasing arrangements. The building's prime location on Mack Avenue in Grosse Pointe Woods provides excellent visibility and accessibility, situated directly across from Comerica Bank and neighboring established businesses such as AAA, My Family Dental, and Club Pilates. This strategic location within the Grosse Pointe submarket, and closer to the St. Clair Shores submarket cluster, ensures high traffic and a strong potential for attracting a diverse clientele. The property's classification as Retail, Office, and its subtypes as Medical Office, Traditional Office, and Creative Office, highlight its versatility and suitability for a wide range of businesses. This presents a unique investment opportunity in a thriving commercial area. The property is classified as having multiple tenancies.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,241,000
    Market price range: $310k - $1.24M
    AI Estimate
    $1,241,000
    Market price range: $319k - $1.24M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $755,000
    Current use
    COMMERCIAL (GENERAL)
    $1,115,000
    Change: +48% Conversion: Easy
    RESTAURANT
    $1,115,000
    Change: +48% Conversion: Moderate
    NEIGHBORHOOD: SHOPPING CENTER
    $925,000
    Change: +23% Conversion: Difficult
    RETAIL STORES
    $845,000
    Change: +12% Conversion: Moderate
    MEDICAL BUILDING
    $770,000
    Change: +2% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Grosse Pointe Woods
County
Wayne
State
Michigan
Longitude
-82.9042
Latitude
42.4503
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
2022
$40,631
$0.00
$0.00
$840,100
-
$0.00
$0.00
$1,680,200
More about this property
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