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Financial
Distress signals
Property profile

50475 Gratiot Ave Chesterfield, MI 48051

OFF-MARKET
Office buildings
Property ID
US43-1150268
12,279 SF 1.77 ac lot Built 1987
Last sale Sep 2007
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A office building, located at 50475 Gratiot in Chesterfield, Michigan (48051), presents a rare opportunity. The single-tenant property boasts 9,679 total square feet, with 3,450 square feet currently available. Built in 1987, the one-story structure sits on a generous 1.77-acre lot (APN: 09-20-151-007) and offers excellent visibility due to its Gratiot frontage. The convenient location provides close proximity to I-94, ensuring easy access for employees and clients. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$27k
Tax billed · 2022
Assessed value · 2023$626k
Effective rate4.25%

Value estimate

· Oct 2026
$375k
$338k – $413k
Submarket $/SF estimate$1.40M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$95/SF
County average, outlier-cleaned · 238 recorded sales of this use type
Observed band · Q1–Q3$62 – $133
Qualifying comparables10

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?
C3 GEN
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.5
Parking Facility13.1
Building Supply12.7

Location

50475 Gratiot Ave Chesterfield, MI 48051-3128
County assessor Recorded deeds · 1 transfer 10 qualifying comp sales 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

3 recorded sales · 13 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
53861 Gratiot, Chesterfield, MI 48051-1718 $650,000 Mar 2024 15,608 SF
48875 Gratiot, Chesterfield, MI 48051-2616 $155,000 Jun 2022 1,200 SF
52650 Gratiot, Chesterfield, MI 48051-2067 $225,000 Feb 2019 2,643 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
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