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Financial
Distress signals
Property profile

38116 Gratiot Ave Clinton Township, MI 48036

OFF-MARKET
Commercial real estate
Property ID
US43-0979148
2.1 ac lot Built 1976
Last sale Jan 2025 · $460,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional owner-user investment opportunity presents a 12,000-square-foot medical office building situated on a 2.057-acre lot in Clinton Township, Michigan. The single-story, Class B building, constructed in 1976, boasts a prime location on Gratiot Avenue, offering excellent visibility and ample parking. The property is zoned B-1 and features multiple square footage possibilities, making it ideal for a variety of medical practices or related businesses. The asking price is $495,000,…

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?
$29k
Tax billed · 2022
Assessed value · 2023$730k
Effective rate3.92%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
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 agency37.5
Spa & Massage20.6
Hair Salon19.6

Location

38116 Gratiot Ave Clinton Township, MI 48036-3591
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
37045 Groesbeck, Clinton Township, MI 48036-2370 $3,100,000 Oct 2023 94,671 SF
23130 Remick, Clinton Township, MI 48036-2735 $1,500,000 Aug 2023 No data
43970 Gratiot, Clinton Township, MI 48036-1307 $1,250,000 Mar 2022 17,191 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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