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Financial
Distress signals
Property profile

3323 Gratiot Ave Detroit, MI 48207

OFF-MARKET
Office buildings
Property ID
US43-0333264
6,875 SF 0.15 ac lot Built 1911
Last sale Jul 2019 · $150,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 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

A mixed-use property located at the corner of Gratiot Avenue and Mack Avenue, immediately north of Downtown Detroit, featuring retail/office space on the first floor and four residential apartment units on the second floor. The apartments consist of two two-bedroom units and two studio units. The building has updated plumbing and electrical systems, along with replaced doors and windows throughout, and the roof is in good condition.

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 · 2020

What does the county charge?
$7k
Tax billed · 2020
Assessed value · 2024$94k
Effective rate7.77%

Value estimate

· Oct 2026
$285k
$257k – $314k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
Submarket average, outlier-cleaned · 206 recorded sales of this use type
Observed band · Q1–Q3$25 – $102
Qualifying comparables12

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?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.2
Spa & Massage15.9
Law Firm13.3

Location

3323 Gratiot Ave Detroit, MI 48207-2358
County assessor Recorded deeds · 5 transfers 12 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

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3506 Gratiot, Detroit, MI 48207-1830 $310,000 May 2021 6,952 SF
2920 Jefferson, Detroit, MI 48207-5028 $210,000 Dec 2018 4,858 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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