Technical
Financial
Distress signals
Property profile

49940 Gratiot Ave Chesterfield, MI 48051

OFF-MARKET
Office buildings
Property ID
US43-1495614
6,307 SF 0.84 ac lot Built 2003
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Total area 6,307 SF
Lot 0.84 ac (36,590 SF)
Zoning code C3 GEN
APN 15-09-19-428-034
UPID US43-1495614

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
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

49940 Gratiot Ave Chesterfield, MI 48051-2529
Chesterfield metro Census 221100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$840k
Blend (final) Blend
$265k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C3 GEN · Chesterfield, MI
Top alternative use upside
Retail stores $1.2M +96.1%
Restaurant $895,000 +49.5%
Medical building $775,000 +29.6%

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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