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    Property profile & analytics

    23411 Gratiot Ave Eastpointe, MI 48021-1644

    • Medical offices
    • 3,101 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Last Sale
    Apr 11, 2024
    $243,000
    Location Intelligence
    Property ID
    US43-0616433
    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

    • Boss Baby Early Learning Center / Day Care Center
    • Caiman X Construction Equipment And Services / Contractor
    • Speedy Plumbing & Heating / Plumber

    Property Details for 23411 Gratiot Ave

    Year built
    1989
    Lot size
    0.24 lot acres
    Property size
    3,101 SF
    Zone code
    B-3
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    02-14-30-402-027
    APU
    21430402027

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $190,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $195,000
      Mixed-Use
      $165,000
      Hospitality
      $220,000
      Educational
      $180,000
      Residential Income
      $175,000
      Energy
      $225,000
      Income-Based Land
      $180,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9552
    Latitude
    42.47
    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
    $13,937
    $0.00
    $0.00
    $188,900
    -
    $0.00
    $0.00
    $377,800

    Comparable in this City

    • Value Estimation by Request
      4,091 SF

      19070 10th Mile Rd

      MEDICAL BUILDING • 4,091 SF
      19070 10th Mile Rd, Eastpointe, MI 48021-1449
      View Details
    • Value Estimation
      $365,000
      3,825 SF

      18161 8th Mile Rd

      MEDICAL BUILDING • 3,825 SF
      18161 8th Mile Rd, Eastpointe, MI 48021-3219
      View Details
    • Value Estimation
      $190,000
      4,197 SF

      20927 Kelly Rd

      MEDICAL BUILDING • 4,197 SF
      20927 Kelly Rd, Eastpointe, MI 48021-3128
      View Details
    • Value Estimation
      $220,000
      4,125 SF

      22835 Kelly Rd

      MEDICAL BUILDING • 4,125 SF
      22835 Kelly Rd, Eastpointe, MI 48021-2073
      View Details
    • Value Estimation by Request
      5,676 SF

      22480 Kelly Rd

      MEDICAL BUILDING • 5,676 SF
      22480 Kelly Rd, Eastpointe, MI 48021-2623
      View Details
    • Value Estimation by Request
      4,040 SF

      18200 10th Mile Rd

      MEDICAL BUILDING • 4,040 SF
      18200 10th Mile Rd, Eastpointe, MI 48021-1368
      View Details

    Similar Nearby for Sale

    • $450,000
      2,730 SF

      Eastpointe Medical Office Building

      Turnkey Medical Office, Fully Equipped
      22830 Kelly Rd, Eastpointe, MI 48021
      View Details
    • $995,000
      11,724 SF

      Eastpointe Medical Office Building

      11,724 SF Medical Office Building, $995,000
      21321 Kelly Rd, Eastpointe, MI 48021
      View Details
    • Contact for pricing

      Eastpointe Co-op for 55+

      Meticulously maintained 1 bed, 1 bath co-op in Eastpointe.
      24301 Kelly Rd, Eastpointe, MI 48021
      View Details
    • $349,000

      Well-Maintained Commercial Property on Kelley

      2630 SF commercial property suitable for office, medical, retail.
      22301 Kelly Rd, Eastpointe, MI 48021
      View Details
    • $625,000
      5,676 SF

      Eastpointe Office/Medical Building For Sale

      Office/medical building in key location with flexible zoning.
      22480 Kelly Rd, Eastpointe, MI 48021
      View Details
    • $399,000
      6,822 SF

      Eastpointe Office Building For Sale

      Office property in Eastpointe, MI, with ample parking.
      22777 Kelly Rd, Eastpointe, MI 48021
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      4,000 SF

      Eastpointe Multi-Use Commercial Space

      4,000 SF Multi-Use Building - Prime Location
      18145 8 Mile Rd, Eastpointe, MI 48021
      View Details
    • $850 /Mo

      Eastpointe Office Space Available Now

      900 SF office space perfect for small business.
      16259 E 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • $2,300 /Mo
      3,160 SF

      Eastpointe Mixed-Use Commercial Building

      3,160 SF mixed-use building on 10 Mile Rd, Eastpointe.
      15163 E 10 Mile Rd, Eastpointe, MI 48021
      View Details
    • $850 /Mo

      Functional Office Space Available

      650 Sq Ft office space suitable for various businesses.
      23320 Gratiot Ave, Eastpointe, MI 48021
      View Details
    • $23 SF/Yr
      3,296 SF

      Eastpointe Office Space Available

      Office space available for lease in Eastpointe, Michigan.
      18285 E 10 Mile Rd, Eastpointe, MI 48021
      View Details
    • $15 SF/Yr
      6,500 SF

      Eastpointe Executive Office Space

      Prime Eastpointe location, multiple suites available.
      22777 Kelly Rd, Eastpointe, MI 48021
      View Details
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    Eastpointe, MI 48021-1644
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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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