Property profile

22600 Gratiot Ave Eastpointe, MI 48021

OFF-MARKET
Drug stores
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Property ID
US43-0496543
11,314 SF 1.19 ac Built 2003
Last sale Nov 2008·$110,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 11,172-square-foot retail space is available for lease at 22600 Gratiot Avenue in Eastpointe, Michigan. Built in 2003, the property boasts a single-tenant occupancy and is currently entirely vacant, presenting a unique opportunity for a business seeking a prominent location. The building is situated in a Downtown (DT) zoned area of Macomb County, ensuring high visibility and accessibility for customers. Ample parking is provided with 59 spaces available on-site. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$41k
Tax billed · 2022
Assessed value · 2023$592k
Effective rate6.94%

Value estimate

· Nov 2026
$425k
$383k – $468k
Submarket $/SF estimate$1.19M

Realmo valuation models over county records and 10 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 comparables10

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-2
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 agency36.4
Dental Office20.2
Law Firm19.3

Location

22600 Gratiot Ave Eastpointe, MI 48021-2313
County assessor Recorded deeds · 8 transfers 10 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23101 Gratiot, Eastpointe, MI 48021-1628 $590,000 May 2025 4,834 SF
23109 Gratiot, Eastpointe, MI 48021-1628 $590,000 May 2025 2,484 SF
19136 10th Mile, Eastpointe, MI 48021-1449 $230,000 Oct 2024 3,200 SF
16101 10th Mile, Eastpointe, MI 48021-1131 $625,000 Apr 2024 10,674 SF
22901 Gratiot, Eastpointe, MI 48021-1626 $1,800,000 Dec 2023 6,795 SF
20762 Kelly, Eastpointe, MI 48021-3114 $650,000 Nov 2023 3,680 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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