Financial
Distress signals
Property profile

22228 Gratiot Ave Eastpointe, MI 48021

OFF-MARKET
Retail space
Property ID
US43-1811622
1,600 SF 0.05 ac lot Built 1953
Last sale Mar 2022 · $125,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 1,600-square-foot storefront space configured to function as either retail or office use. Its interior layout includes a large open area designed for flexible use, along with a prominent front window designed to provide street-facing visibility. The space is situated in a busy commercial area near 9 Mile Road and Gratiot Avenue. Utilities are tenant responsibility, and the configuration supports customer-facing or client-facing business operations.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$40k
Effective rate6.00%

Value estimate

· Sep 2026
$150k
$135k – $165k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$51 – $106
Qualifying comparables12

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?
B-3
JurisdictionMACOMB

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 agency35.6
Dental Office20.8
Law Firm18.0

Location

22228 Gratiot Ave Eastpointe, MI 48021-2229
County assessor Recorded deeds · 3 transfers 12 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25000 Gratiot, Eastpointe, MI 48021-3319 $2,500,000 Jan 2026 1,708 SF
21210 Gratiot, Eastpointe, MI 48021-2829 $55,000 May 2025 1,600 SF
19364 10th Mile, Eastpointe, MI 48021-1450 $110,000 Sep 2024 1,600 SF
22035 Gratiot, Eastpointe, MI 48021-2225 $200,000 Jul 2024 1,820 SF
23043 Gratiot, Eastpointe, MI 48021-1627 $125,000 Apr 2024 1,624 SF
19112 10th Mile, Eastpointe, MI 48021-1449 $90,000 Sep 2023 1,600 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
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