24935 GratiotEastpointe, MI 48021

Property Details for 24935 Gratiot

Year built

1928

Lot size

0.30 AC

Property size (Sq ft)

7,138 SF

Zone code

B-3

Property type

Retail properties

Property subtype

Retail space

APN

02-14-30-226-041

APU

21430226041

• CAP approach

  CAP return

  Valuation

  6%

  $2,182,362

  6.5%

  $2,014,488

  7%

  $1,870,596

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,682,575

  Geo Method

  $1,682,575

• Alternative Use

  Use

  Valuation

  Residential

  $1,699,296

  Hospitality

  $1,556,546

  Educational

  $1,295,028

  Medical

  $1,339,566

  Retail

  $2,014,488

Location Insight

City

Eastpointe

County

Macomb

State

Michigan

Latitude

42.4791

Longitude

-82.9492

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $214,400
• Tax year
  2022
• Tax bill
  $14,358

FAQs

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