Property profile

47875 Gratiot Ave Chesterfield, MI 48051

OFF-MARKET
Retail space
Property ID
US43-1402737
38,299 SF 10.34 ac lot Built 1951
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Total area 38,299 SF
Lot 10.34 ac (450,410 SF)
Zoning code M2 GEN
APN 15-09-30-302-014
UPID US43-1402737

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply

Location

47875 Gratiot Ave Chesterfield, MI 48051-2722
Chesterfield metro Census 221100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.37M
Blend (final) Blend
$560k

Owner & transaction history

since 2010
1 recorded transaction
2010
Price N/A

Zoning & alternative use

M2 GEN · Chesterfield, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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