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Entity Owned Property summary
This exceptional retail property, located at 46948 & 46970 Gratiot Avenue in Chesterfield, Michigan, 48051, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The 17,196 square foot shopping center boasts a desirable location at the southeast corner of Gratiot Avenue and 21 Mile Road, benefiting from excellent exposure to two major thoroughfares. Currently, there is 1,346 square feet of vacant retail space available for lease, ideal for a variety of… businesses. The center enjoys a strong tenant mix, including established businesses such as Verizon Wireless, UPS, Hungry Howie's Pizza, Grand Station Rental, and the recently expanded Lance Keller Studio. Its strategic location provides easy access to major roadways, including I-94 (half a mile west) and M-59 (Hall Road, one mile north), ensuring convenient access for customers and employees. The property is situated in the growing Chesterfield Township within Macomb County. Signage opportunities are available to enhance brand visibility. This is a rare chance to secure a space in a thriving retail center with excellent visibility and convenient access. The property is classified as a retail shopping center, formerly housing a salon. The total building size is 17,196 square feet, with 1,346 square feet currently vacant and ready for immediate occupancy.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 14 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,868 SF
- Lot area
- 0.33 ac
- Year built
- 1990
- Stories
- 1
- APN
- 15-09-31-126-026
- Zoning
- C3 GEN
- Assessed value · 2023
- $165,200
- Annual tax · 2022
- $6,269
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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