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    Property profile & analytics

    46360 Gratiot Ave Chesterfield, MI 48051-2800

    • Medical offices
    • 10,466 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 26, 2021
    Location Intelligence
    Property ID
    US43-0088673
    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

    • Medical offices

    Property Details for 46360 Gratiot Ave

    Year built
    1997
    Lot size
    1.48 lot acres
    Property size
    10,466 SF
    Zone code
    C3 GEN
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    15-09-31-151-009
    APU
    150931151009

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8547
    Latitude
    42.6403
    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
    2023
    $45,037
    $0.00
    $0.00
    $909,500
    -
    $0.00
    $0.00
    $1,819,000

    Comparable in this City

    • Value Estimation
      $3,620,000
      10,466 SF

      46360 Gratiot Ave

      MEDICAL BUILDING • 10,466 SF
      46360 Gratiot Ave, Chesterfield, MI 48051-2800
      View Details
    • Value Estimation by Request
      5,934 SF

      28098 23rd Mile Rd

      MEDICAL BUILDING • 5,934 SF
      28098 23rd Mile Rd, Chesterfield, MI 48051-2316
      View Details
    • Value Estimation by Request
      1,547 SF

      49560 Gratiot Ave

      MEDICAL BUILDING • 1,547 SF
      49560 Gratiot Ave, Chesterfield, MI 48051-2524
      View Details
    • Value Estimation by Request
      7,720 SF

      51086 Fairchild Rd

      MEDICAL BUILDING • 7,720 SF
      51086 Fairchild Rd, Chesterfield, MI 48051-1998
      View Details
    • Value Estimation by Request
      2,232 SF

      28880 24th Mile Rd

      MEDICAL BUILDING • 2,232 SF
      28880 24th Mile Rd, Chesterfield, MI 48051-1605
      View Details
    • Value Estimation by Request
      6,210 SF

      50100 Gratiot Ave

      MEDICAL CLINIC • 6,210 SF
      50100 Gratiot Ave, Chesterfield, MI 48051-3123
      View Details

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    Similar Nearby for Lease

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    Chesterfield, MI 48051-2800
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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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