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    21777 21st Mile Rd Macomb, MI 48044-2962

    • Drug stores
    • 10,856 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    $3,060,000
    Last Sale
    Mar 18, 2022
    $3,052,500
    Location Intelligence
    Property ID
    US43-1712748
    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

    • CVS Photo / Photo Lab / Photo Shop
    • MinuteClinic at CVS / Walk-In Clinic / Local Medical Services
    • Rachelle M. Christensen, RPH / Pharmacy
    • Prajesh Nandwana, RPH / Pharmacy
    • Steven Pavloski / Nurse Practitioner

    Property Details for 21777 21st Mile Rd

    Year built
    2001
    Lot size
    1.40 lot acres
    Property size
    10,856 SF
    Zone code
    C3
    Property type
    Drug stores
    APN
    20-08-27-476-001
    APU
    200827476001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,965,000
      6.5%
      $3,240,000
      7%
      $3,180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,000,000
      Geo Method
      $2,965,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,395,000
      Retail
      $2,495,000
      Mixed-Use
      $3,340,000
      Hospitality
      $2,950,000
      Educational
      $3,480,000
      Residential Income
      $3,300,000
      Energy
      $2,985,000
      Income-Based Land
      $3,390,000
      Food Service
      $3,140,000

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8993
    Latitude
    42.6447
    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
    $25,842
    $0.00
    $0.00
    $749,300
    -
    $0.00
    $0.00
    $1,498,600

    Comparable in this City

    • Value Estimation by Request
      11,092 SF

      46977 Romeo Plank Rd

      DRUG STORE, PHARMACY • 11,092 SF
      46977 Romeo Plank Rd, Macomb, MI 48044-3509
      View Details
    • Value Estimation by Request
      14,735 SF

      21790 21st Mile Rd

      DRUG STORE, PHARMACY • 14,735 SF
      21790 21st Mile Rd, Macomb, MI 48044-2974
      View Details
    • Value Estimation by Request
      13,833 SF

      47100 Hayes Rd

      DRUG STORE, PHARMACY • 13,833 SF
      47100 Hayes Rd, Macomb, MI 48044-5023
      View Details
    • Value Estimation by Request
      2,325 SF

      18601 Hall Rd

      GROCERY, SUPERMARKET • 2,325 SF
      18601 Hall Rd, Macomb, MI 48044-4155
      View Details
    • Value Estimation by Request
      1,736 SF

      48990 Hayes Rd

      GROCERY, SUPERMARKET • 1,736 SF
      48990 Hayes Rd, Macomb, MI 48044-1955
      View Details
    • Value Estimation by Request
      2,848 SF

      21790 23rd Mile Rd

      GROCERY, SUPERMARKET • 2,848 SF
      21790 23rd Mile Rd, Macomb, MI 48044-1308
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      84 SF

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      Specialty retail center in prominent M-59/Hall Road retail corridor.
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      5.22 Acres, High-Traffic Location, $1.2M
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      13.99 Acres, Prime Hall Road Location
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      Westbridge Manor Mobile Home

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    Similar Nearby for Lease

    • $35 SF/Yr
      1,333 SF

      Retail Space on Hall Road

      Retail space available in Macomb Township near major retailers.
      20801 Hall Rd, Macomb Township, MI 48044
      View Details
    • Contact for pricing
      4,911 SF

      Macomb Retail & Restaurant Space

      High-traffic location, ample parking.
      21799 23 Mile Rd, Macomb, MI 48044
      View Details
    • $30 SF/Yr
      17,940 SF

      Macomb County Retail Plaza Opportunity

      Modern Retail Space, Multiple Units Available
      23 Mile And Card Rds, Macomb, MI 48044
      View Details
    • $16 SF/Yr
      6,890 SF

      Macomb Executive Office Suites

      Modern Office Space, 1.52 Acres
      21740 21 Mile Rd, Macomb, MI 48044
      View Details
    • $18 SF/Yr
      31,800 SF

      Tilch Square Retail Space

      Macomb, MI Shopping Center Opportunity
      0 Nwc Of Hall Rd & Tilch Rd, Macomb, MI 48044
      View Details
    • $16 SF/Yr
      71,415 SF

      Macomb Retail Center - For Lease

      High-traffic retail space, flexible layouts.
      16736 21 Mile Rd, Macomb, MI 48044
      View Details

    Property Visit Statistics

    • Visits by month
      4.3k
    • Visitors by month
      2.2k
    • Avg Time on site
      18 min
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    21777 21st Mile Rd
    Macomb, MI 48044-2962
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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