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Financial
Distress signals
Property profile

366 N Gratiot Ave NB Clinton Township, MI 48036

FOR LEASE
Auto shops
Property ID
US43-1206944
10,020 SF 0.49 ac lot Built 1955
Last sale May 2019 · $44,446
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a large automotive facility configured for vehicle-related operations, including auto sales and repair use, with an on-site collision shop and auto service area. It includes an adjoining separate storage lot to the rear of the building, described as having capacity for parking/storing up to 50 cars. The building is positioned with main road frontage on Gratiot, providing street access for customer and operational use. The site is arranged to support multiple potential automotive…

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?
$13k
Tax billed · 2022
Assessed value · 2023$257k
Effective rate4.90%

Value estimate

· Oct 2026
$380k
$342k – $418k
Submarket $/SF estimate$589k
NOI build-up
Gross scheduled income$82k
Vacancy & credit loss−$5k
Operating expenses−$23k
NOI · 3,601.93% cap applied$54k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$86/SF
County average, outlier-cleaned · 101 recorded sales of this use type
Observed band · Q1–Q3$58 – $137
Qualifying comparables4

Cap rate analysis

How does the asset earn?
3,601.93%
$54k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.1
Hair Salon12.5
Nail Salon12.5

Location

366 N Gratiot Ave, Unit NB Clinton Township, MI 48036
County assessor Recorded deeds · 5 transfers 4 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

3 recorded sales · 16 properties nearby
Recent sales nearby
3 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?”
More about this property
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