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    Property profile & analytics

    21828 23rd Mile Rd Macomb, MI 48042-4422

    • Retail space
    • 14,462 SF
    • 2.42 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 08, 2021
    Location Intelligence
    Property ID
    US43-1130198
    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

    • Vijaykumar Patel / Pharmacy
    • George Clark / Gas Station

    Property Details for 21828 23rd Mile Rd

    Year built
    2003
    Lot size
    2.42 lot acres
    Property size
    14,462 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    20-08-23-100-024
    APU
    200823100024

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8971
    Latitude
    42.6726
    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
    $48,122
    $0.00
    $0.00
    $959,200
    -
    $0.00
    $0.00
    $1,918,400

    Comparable in this City

    • Value Estimation by Request
      1,050 SF

      Address Not Disclosed

      Individual retail properties • 1,050 SF
      0 Address Not Disclosed, Macomb, MI 48042
      View Details
    • Value Estimation by Request
      12,320 SF

      22230 23rd Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,320 SF
      22230 23rd Mile Rd, Macomb, MI 48042-4402
      View Details
    • Value Estimation by Request
      4,800 SF

      45410 Gratiot Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      45410 Gratiot Ave, Macomb, MI 48042-5443
      View Details
    • Value Estimation by Request
      3,584 SF

      16661 25th Mile Rd

      GROCERY, SUPERMARKET • 3,584 SF
      16661 25th Mile Rd, Macomb, MI 48042-1701
      View Details
    • Value Estimation by Request
      2,940 SF

      16570 24th Mile Rd

      GROCERY, SUPERMARKET • 2,940 SF
      16570 24th Mile Rd, Macomb, MI 48042-5819
      View Details
    • Value Estimation by Request
      760 SF

      16182 26th Mile Rd

      GROCERY, SUPERMARKET • 760 SF
      16182 26th Mile Rd, Macomb, MI 48042-1054
      View Details

    Similar Nearby for Sale

    • $250,000
      0.47 Acres

      Macomb Retail Space - $250K

      Prime Macomb storefront, office, and land.
      16701 25 Mile Rd, Macomb, MI 48042
      View Details
    • $1,700,000
      8,474 SF

      Macomb Industrial Distribution Center

      Net lease investment, 7.41% cap rate, 10-year lease.
      46025 Gratiot Ave, Macomb, MI 48042
      View Details
    • $3,250,000
      21.74 Acres

      Prime Land with Gratiot Frontage

      21.74 acres of prime land in Macomb Twp, MI.
      45729 Gratiot Ave, Macomb Twp, MI 48042
      View Details
    • $3,250,000
      21.74 Acres

      Prime Gratiot Frontage Land

      21.74 acres of prime commercial and residential land.
      45729 Gratiot Ave, Macomb Twp, MI 48042
      View Details
    • $85,000
      1.60 Acres

      Residential Land in Macomb

      Vacant land suitable for building a home near amenities.
      24383 Chapman Rd, Macomb, MI 48042
      View Details
    • $220,000

      North Avenue Development Opportunity

      Prime commercial land for development with high exposure potential.
      50279 North Ave, Macomb, MI 48042
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    Similar Nearby for Lease

    • $2,000 /Mo
      5,100 SF

      Macomb Retail/Office Space Available

      Prime retail/office space in high-traffic Macomb Township plaza.
      23135 21 Mile Rd, Macomb, MI 48042
      View Details
    • $3,125 /Mo

      Macomb Township Commercial Space Available

      Commercial space for rent in Macomb Township, Michigan.
      17016 25 Mile Rd, Macomb, MI 48042
      View Details
    • $3,392 /Mo

      Macomb Township Retail/Office Space

      Retail or office space available for lease in Macomb Township.
      24600 Wood Ct, Macomb, MI 48042
      View Details
    • $25 SF/Yr
      6,000 SF

      Macomb County Medical Office Space

      New 6,000 SF medical/commercial building. Four suites available.
      16984 25 Mile Rd, Macomb, MI 48042
      View Details
    • $15 SF/Yr
      60,000 SF

      Macomb, MI Office Space Available

      4,030 SF Medical/Office Suite in Macomb
      22000 23 Mile Rd, Macomb, MI 48042
      View Details
    • Contact for pricing
      20,000 SF

      Macomb Township Retail Space

      Prime Retail Space, Macomb County, MI
      51058-51336 Romeo Plank Rd, Macomb, MI 48042
      View Details

    Property Visit Statistics

    • Visits by month
      23.6k
    • Visitors by month
      16.7k
    • Avg Time on site
      18 min
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    21828 23rd Mile Rd
    Macomb, MI 48042-4422
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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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