24955 GratiotEastpointe, MI 48021

  • Retail properties
  • 1,693 SF
Off market
$75,746 Estimated

Property Details for 24955 Gratiot

Year built
1934
Construction
CONCRETE BLOCKS
Lot size
0.09 AC
Property size (Sq ft)
1,693 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Drive through restaurants
APN
02-14-30-226-033
APU
21430226033

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $517,615
    6.5%
    $477,799
    7%
    $443,670
  • Comparable approach

    Method
    Valuation
    Relative Method
    $399,075
    Geo Method
    $399,075
  • Alternative Use

    Use
    Valuation
    Residential
    $403,041
    Hospitality
    $369,184
    Educational
    $307,156
    Medical
    $317,720
    Retail
    $477,799
24955 Gratiot, Eastpointe, Michigan

Location Insight

City
Eastpointe
County
Macomb
State
Michigan
Latitude
42.4795
Longitude
-82.9489
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $62,600
  • Tax year
    2022
  • Tax bill
    $4,399

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