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    Property profile & analytics

    45630 Gratiot Ave Macomb, MI 48042-5445

    • Drive through restaurants
    • 2,383 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    $1,505,000
    Last Sale
    Jan 25, 2021
    $1,300,000
    Location Intelligence
    Property ID
    US43-0196942
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Arby's / Deli / Takeout Restaurant

    Property Details for 45630 Gratiot Ave

    Year built
    1989
    Lot size
    1.39 lot acres
    Property size
    2,383 SF
    Zone code
    C4
    Property type
    Drive through restaurants
    APN
    20-08-36-429-006
    APU
    200836429006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,260,000
      6.5%
      $1,370,000
      7%
      $1,280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,440,000
      Geo Method
      $1,310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,285,000
      Retail
      $1,265,000
      Mixed-Use
      $1,325,000
      Hospitality
      $1,235,000
      Educational
      $1,330,000
      Residential Income
      $1,320,000
      Energy
      $1,485,000
      Income-Based Land
      $1,455,000
      Food Service
      $1,240,000

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8571
    Latitude
    42.6351
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $17,825
    $0.00
    $0.00
    $368,100
    -
    $0.00
    $0.00
    $736,200

    Comparable in this City

    • Value Estimation by Request
      2,100 SF

      16248 26th Mile Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,100 SF
      16248 26th Mile Rd, Macomb, MI 48042-1055
      View Details
    • Value Estimation by Request
      5,306 SF

      22929 Hall Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,306 SF
      22929 Hall Rd, Macomb, MI 48042-5267
      View Details
    • Value Estimation by Request
      2,257 SF

      45590 Gratiot Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,257 SF
      45590 Gratiot Ave, Macomb, MI 48042-5444
      View Details
    • Value Estimation by Request
      2,934 SF

      45470 Gratiot Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,934 SF
      45470 Gratiot Ave, Macomb, MI 48042-5443
      View Details
    • Value Estimation by Request
      4,570 SF

      45700 Gratiot Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,570 SF
      45700 Gratiot Ave, Macomb, MI 48042-5447
      View Details
    • Value Estimation by Request
      5,283 SF

      45780 Gratiot Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,283 SF
      45780 Gratiot Ave, Macomb, MI 48042-5447
      View Details

    Similar Nearby for Sale

    • $250,000
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      Prime Macomb storefront, office, and land.
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    • $1,700,000
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      Net lease investment, 7.41% cap rate, 10-year lease.
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      21.74 acres of prime land in Macomb Twp, MI.
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    • $3,250,000
      21.74 Acres

      Prime Gratiot Frontage Land

      21.74 acres of prime commercial and residential land.
      45729 Gratiot Ave, Macomb Twp, MI 48042
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    • $85,000
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      Vacant land suitable for building a home near amenities.
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      Prime commercial land for development with high exposure potential.
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    Similar Nearby for Lease

    • $25 SF/Yr
      12,612 SF

      Hall Road Retail Center - Macomb, MI

      Restaurant Space Available: 1,700 - 12,612 SF
      24941 Hall Rd, Macomb, MI 48042
      View Details
    • $25 SF/Yr
      6,000 SF

      Macomb County Medical Office Space

      New 6,000 SF medical/commercial building. Four suites available.
      16984 25 Mile Rd, Macomb, MI 48042
      View Details
    • $15 SF/Yr
      60,000 SF

      Macomb, MI Office Space Available

      4,030 SF Medical/Office Suite in Macomb
      22000 23 Mile Rd, Macomb, MI 48042
      View Details
    • $2,000 /Mo
      5,100 SF

      Macomb Retail/Office Space Available

      Prime retail/office space in high-traffic Macomb Township plaza.
      23135 21 Mile Rd, Macomb, MI 48042
      View Details
    • $3,125 /Mo

      Macomb Township Commercial Space Available

      Commercial space for rent in Macomb Township, Michigan.
      17016 25 Mile Rd, Macomb, MI 48042
      View Details
    • $3,392 /Mo

      Macomb Township Retail/Office Space

      Retail or office space available for lease in Macomb Township.
      24600 Wood Ct, Macomb, MI 48042
      View Details

    Property Visit Statistics

    • Visits by month
      46.0k
    • Visitors by month
      25.4k
    • Avg Time on site
      7 min
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    Macomb, MI 48042-5445
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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