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    Property profile & analytics

    24700 Gratiot Ave Eastpointe, MI 48021-3313

    • Automotive properties
    • 1,851 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 03, 2025
    $435,000
    Location Intelligence
    Property ID
    US43-0161204
    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

    • J & C Auto Sales / Used Car Dealer

    Property Details for 24700 Gratiot Ave

    Year built
    1961
    Construction
    CONCRETE BLOCKS
    Lot size
    0.32 lot acres
    Property size
    1,851 SF
    Zone code
    B-3
    Property type
    Automotive properties
    APN
    02-14-30-231-004
    APU
    21430231004

    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
    -82.949
    Latitude
    42.4774
    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
    $5,853
    $0.00
    $0.00
    $76,000
    -
    $0.00
    $0.00
    $152,000

    Comparable in this City

    • Value Estimation by Request
      11,804 SF

      24717 Gratiot Ave

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    • Value Estimation by Request
      27,836 SF

      24211 Gratiot Ave

      VEHICLE SALES, RENTALS • 27,836 SF
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    • Value Estimation by Request
      28,444 SF

      21800 Gratiot Ave

      VEHICLE SALES, RENTALS • 28,444 SF
      21800 Gratiot Ave, Eastpointe, MI 48021-2224
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    • Value Estimation by Request
      28,800 SF

      24200 Gratiot Ave

      VEHICLE SALES, RENTALS • 28,800 SF
      24200 Gratiot Ave, Eastpointe, MI 48021-3304
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    • Value Estimation
      $100,000
      410 SF

      17087 8th Mile Rd

      VEHICLE SALES, RENTALS • 410 SF
      17087 8th Mile Rd, Eastpointe, MI 48021-3053
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    • Value Estimation by Request
      1,232 SF

      14811 9th Mile Rd

      VEHICLE SALES, RENTALS • 1,232 SF
      14811 9th Mile Rd, Eastpointe, MI 48021-3804
      View Details

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      Eastpointe Mixed-Use Investment

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    Similar Nearby for Lease

    • Contact for pricing

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      Retail and automotive spaces available for rent in Eastpointe.
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      Eastpointe Retail Space For Rent

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    • $16 SF/Yr
      11,172 SF

      Eastpointe Retail Space For Lease

      11,172 SF Retail Building, High Visibility
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    Eastpointe, MI 48021-3313
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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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