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Financial
Distress signals
Property profile

24200 Gratiot Ave Eastpointe, MI 48021

OFF-MARKET
Other warehouses
Property ID
US43-1368650
105,354 SF 2.33 ac lot Built 2019
Last sale Sep 2016 · $840,100
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Unit 12 at 24200 Gratiot Avenue in Eastpointe offers retail or office space within a neighborhood retail corridor serving nearby communities. The location provides access to major regional routes including MI-102, I-94, and I-696, connecting the area to surrounding cities such as Fraser, Roseville, St. Clair Shores, Grosse Pointe Woods, Harper Woods, Grosse Pointe Farms, Hazel Park, Center Line, Madison Heights, and Warren. Supporting uses in the immediate vicinity include a UPS store a few…

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$303k
Tax billed · 2022
Assessed value · 2023$4.39M
Effective rate6.89%

Value estimate

· Oct 2026
$11.52M
$10.36M – $12.67M
Submarket $/SF estimate$11.52M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$22 – $126

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 agency53.0
Law Firm32.0
Dental Office26.1

Location

24200 Gratiot Ave Eastpointe, MI 48021-3304
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16811 Stephens, Eastpointe, MI 48021-1704 $200,000 Dec 2025 4,744 SF
17425 Stephens, Eastpointe, MI 48021-4123 $45,876 Sep 2022 10,616 SF
17331 Stephens, Eastpointe, MI 48021-1766 $150,000 Jul 2020 4,436 SF
16809 9th Mile, Eastpointe, MI 48021-2446 $140,000 Jan 2020 4,278 SF
15825 10th Mile, Eastpointe, MI 48021-1119 $72,500 Dec 2019 2,280 SF
23454 Gratiot, Eastpointe, MI 48021-1645 $103,500 Sep 2019 4,198 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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