Financial
Distress signals
Property profile

59010 Gratiot Ave New Haven, MI 48048

OFF-MARKET
Commercial real estate
Property ID
US43-1460361
15,042 SF 2.08 ac lot Built 2009
Last sale Sep 2025 · $2,800,000
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.
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Property summary

AI-generated overview

This 14,564-square-foot, single-story building, formerly a Rite Aid, sits on a 2.08-acre lot in New Haven, Michigan. Built in 2009, the property features high-image brick construction and a drive-thru. Located at a signalized intersection of Gratiot Avenue and 27 Mile Road, it offers excellent visibility and accessibility. The General Business zoned lot benefits from its prominent hard-corner location and proximity to I-94 (approximately 2 miles from the 26 Mile Road exit). The vacant

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 · 2022

What does the county charge?
$43k
Tax billed · 2022
Assessed value · 2023$1.07M
Effective rate4.03%

Value estimate

· Sep 2026
$3.79M
$3.41M – $4.17M
Submarket $/SF estimate$2.55M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169
Qualifying comparables3

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?
GB
The GB General Business District is intended to promote the development of vehicle and pedestrian accessible areas with a variety of reta...
General categoryCIVIC_INSTITUTIONAL
JurisdictionMACOMB

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 agency19.6
Building Supply15.0
Auto Repair Shop14.4

Location

59010 Gratiot Ave New Haven, MI 48048-2073
County assessor Recorded deeds · 7 transfers 3 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33255 26th Mile, Lenox, MI 48048-2904 $1,800,000 May 2024 10,633 SF
32560 James Curtin, New Haven, MI 48048-2801 $1,275,871 Jul 2023 23,791 SF
31950 Clark, New Haven, MI 48048-1934 $1,475,091 May 2023 20,434 SF
57737 Gratiot, New Haven, MI 48048-2722 $550,000 Aug 2022 6,479 SF
60021 Gratiot, Lenox, MI 48048-2108 $1,500,000 Jun 2022 20,935 SF
57155 Gratiot, New Haven, MI 48048-2692 $4,050,000 Jul 2020 23,647 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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