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Financial
Distress signals
Property profile

34470 S Gratiot Ave Clinton Township, MI 48035

FOR SALE
Office buildings
Property ID
US43-1030992
1,760 SF 1.01 ac lot Built 1986
Last sale Sep 2023
Trust Owned Owner of record is a trust. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property, built in 1986, is an automotive facility totaling approximately 3,200 square feet and includes a two-bay detail shop along with a large vehicle storage lot. The site provides on-site vehicle capacity for more than 150 cars and is configured to support vehicle-related operations. The property fronts S Gratiot Avenue in Clinton Township, Michigan, with frontage along Gratiot Road.

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$11k
Tax billed · 2022
Assessed value · 2023$236k
Effective rate4.54%

Value estimate

· Oct 2026
$280k
$252k – $308k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$5k
Operating expenses−$10k
NOI · 1.69% cap applied$24k

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$95/SF
County average, outlier-cleaned · 238 recorded sales of this use type
Observed band · Q1–Q3$62 – $133
Qualifying comparables23

Cap rate analysis

How does the asset earn?
1.69%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency35.6
Law Firm33.5
Spa & Massage24.8

Location

34470 S Gratiot Ave Clinton Township, MI 48035
County assessor Recorded deeds · 1 transfer 23 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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