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    Property profile & analytics

    23101 Gratiot Ave Eastpointe, MI 48021-1628

    • Retail space
    • 4,834 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 14, 2025
    $590,000
    Location Intelligence
    Property ID
    US43-1130913
    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

    • Allied Cycle Shop / Bicycle Shop

    Property Details for 23101 Gratiot Ave

    Year built
    1948
    Lot size
    0.16 lot acres
    Property size
    4,834 SF
    Zone code
    B-2
    Property type
    Retail space
    APN
    02-14-30-451-006
    APU
    21430451006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9566
    Latitude
    42.4679
    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
    $7,522
    $0.00
    $0.00
    $100,600
    -
    $0.00
    $0.00
    $201,200

    Comparable in this City

    • Value Estimation by Request
      600 SF

      21513 Kelly Rd

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      21513 Kelly Rd, Eastpointe, MI 48021-3213
      View Details
    • Value Estimation by Request
      2,562 SF

      15130 10th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,562 SF
      15130 10th Mile Rd, Eastpointe, MI 48021-1008
      View Details
    • Value Estimation by Request
      1,034 SF

      18015 8th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,034 SF
      18015 8th Mile Rd, Eastpointe, MI 48021-3220
      View Details
    • Value Estimation by Request
      4,000 SF

      18145 8th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      18145 8th Mile Rd, Eastpointe, MI 48021-3229
      View Details
    • Value Estimation by Request
      800 SF

      18228 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      18228 9th Mile Rd, Eastpointe, MI 48021-1948
      View Details
    • Value Estimation by Request
      800 SF

      18010 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      18010 9th Mile Rd, Eastpointe, MI 48021-1867
      View Details

    Similar Nearby for Sale

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      Eastpointe Retail Investment Opportunity

      Commercial property in high-traffic area, ideal for retail.
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      Eastpointe Storefront & Extra Lot

      Prime Retail Investment, High Income Potential
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    • $700,000
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      Established Retail Opportunity in Eastpointe

      Long-standing retail property suitable for dry cleaning or other businesses.
      24730 Gratiot Ave, Eastpointe, MI 48021
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    • Contact for pricing
      4,000 SF

      Eastpointe Retail/Flex Space Available

      4,000 SF retail/flex space with showroom potential.
      18149 E 8 Mile Rd, Eastpointe, MI 48021
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    Similar Nearby for Lease

    • $1,500 /Mo

      Retail Space with Open Layout

      892 sq ft retail space with parking available for lease.
      22239 Gratiot Ave, Eastpointe, MI 48021
      View Details
    • $2,700 /Mo
      2,908 SF

      Eastpointe Retail Space For Rent

      2908 sqft retail space in the heart of Eastpointe.
      16914 E 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • $2,000 /Mo
      1,904 SF

      Eastpointe Retail Space For Rent

      Retail space available for lease in Eastpointe, Michigan.
      16906 E 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • $13 SF/Yr
      31,290 SF

      Eastpointe Retail Space For Rent

      31,290 SF retail space available for lease.
      19001 E 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • $2,250 /Mo

      Retail Space with Open Layout

      Commercial space featuring large display windows and an open floorplan.
      22231 Gratiot Ave, Eastpointe, MI 48021
      View Details
    • $2,250 /Mo

      Eastpointe Retail Space For Rent

      Retail space with open floor plan and large display windows.
      22215 Gratiot Ave, Eastpointe, MI 48021
      View Details
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    23101 Gratiot Ave
    Eastpointe, MI 48021-1628
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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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