Financial
Distress signals
Property profile

4950 24th Ave Fort Gratiot, MI 48059

OFF-MARKET
Other commercial real estate
Property ID
US43-4577622
2,616 SF 0.34 ac lot Built 2006
Last sale Mar 2026 · $375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This commercial property in Fort Gratiot, MI comprises a nearly 3,800-square-foot unit on a 0.34-acre lot. It is zoned C-1 (Commercial General Business) and is configured with a clear-span interior layout that avoids interior load-bearing walls, supporting flexible use and potential customization. The unit includes three restrooms—two on the main level and one on the upper level—and has approximately 20 on-site parking spaces. Exterior features include a modern architectural design, and the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$254k
Effective rate3.12%

Value estimate

· Sep 2026
$365k
$329k – $402k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
County average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$47 – $140

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?
C-1*
JurisdictionSAINT CLAIR

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 agency9.0
Electrical Service9.0
Locksmith8.7

Location

4950 24th Ave Fort Gratiot, MI 48059-3408
County assessor Recorded deeds · 1 transfer 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
3040 Krafft, Fort Gratiot, MI 48059-3821 $1,464,515 Aug 2024 2,883 SF
2909 Riv, Fort Gratiot, MI 48059-4228 $330,100 Feb 2024 2,881 SF
5769 Lakeshore, Fort Gratiot, MI 48059-2816 $200,000 May 2021 3,890 SF
3968 Pne Grv, Fort Gratiot, MI 48059-4218 $450,000 Oct 2020 3,646 SF
3171 Keewahdin, Fort Gratiot, MI 48059-3412 $195,000 Jan 2020 3,325 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4950 24th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message