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    Property profile & analytics

    7400 Gratiot Ave Detroit, MI 48213-2820

    • Banks
    • 4,746 SF
    • 1.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1058836
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chase Bank / Bank / Atm
    • Chase ATM / Atm
    • Chase Mortgage / Mortgage Lender

    Property Details for 7400 Gratiot Ave

    Year built
    1981
    Lot size
    1.51 lot acres
    Property size
    4,746 SF
    Zone code
    R2
    Property type
    Banks
    APN
    17000655-60
    APU
    1700065560

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0165
    Latitude
    42.375
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $13,627
    $0.00
    $0.00
    $357,100
    -
    $0.00
    $0.00
    $714,200

    Comparable in this City

    • Value Estimation by Request
      3,180 SF

      10700 Gratiot Ave

      FINANCIAL BUILDING • 3,180 SF
      10700 Gratiot Ave, Detroit, MI 48213-1262
      View Details
    • Value Estimation by Request
      2,508 SF

      8121 Gratiot Ave

      FINANCIAL BUILDING • 2,508 SF
      8121 Gratiot Ave, Detroit, MI 48213-2939
      View Details
    • Value Estimation by Request
      1,050 SF

      8527 Harper Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,050 SF
      8527 Harper Ave, Detroit, MI 48213-2632
      View Details
    • Value Estimation by Request
      3,200 SF

      13137 Harper Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      13137 Harper Ave, Detroit, MI 48213-3675
      View Details
    • Value Estimation by Request
      1,300 SF

      12735 Harper Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,300 SF
      12735 Harper Ave, Detroit, MI 48213-1822
      View Details
    • Value Estimation by Request
      11,220 SF

      8725 Harper Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,220 SF
      8725 Harper Ave, Detroit, MI 48213-2635
      View Details

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    Similar Nearby for Lease

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      Retail space available for immediate occupancy in high-traffic location.
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    • Contact for pricing
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    • $21 SF/Yr
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      Retail Space in Sunset Village

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    Property Visit Statistics

    • Visits by month
      4.1k
    • Visitors by month
      3.0k
    • Avg Time on site
      14 min
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    Detroit, MI 48213-2820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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