Financial
Distress signals
Property profile

35270 Gratiot Ave Clinton Township, MI 48035

FOR LEASE
Commercial real estate
Property ID
US43-1402813
2 ac lot Built 1984
Last sale Apr 2024 · $950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 19,995 square foot retail strip center, located at 35270 Gratiot Ave in Clinton Township, Michigan (zip code 48035), offers multiple spaces for lease. Currently, there are three available spaces ranging in size from 1,100 to 2,200 square feet, totaling 14,440 square feet of vacant space. The property is situated in Macomb County and benefits from high visibility and traffic along Gratiot Avenue. The building's total area is 19,995 square feet, providing ample opportunity for businesses…

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.

Mortgages

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?
$30k
Tax billed · 2022
Assessed value · 2023$563k
Effective rate5.37%

Value estimate

· Sep 2026
$950k
$855k – $1.05M
AI approach$950k
NOI build-up
Gross scheduled income$240k
Vacancy & credit loss−$29k
Operating expenses−$63k
NOI · 1,970,706.67% cap applied$148k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169

Cap rate analysis

How does the asset earn?
1,970,706.67%
$148k 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 agency43.7
Law Firm33.1
Restaurant30.3

Location

35270 Gratiot Ave Clinton Township, MI 48035
County assessor Recorded deeds · 2 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35737 Harper, Clinton Township, MI 48035-3281 $800,000 May 2025 11,120 SF
36739 Garfield, Clinton Township, MI 48035-1138 $2,050,000 Nov 2024 25,247 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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