51375 GratiotChesterfield, MI 48051

Property Details for 51375 Gratiot

Year built

2002

Lot size

1.87 AC

Property size (Sq ft)

24,331 SF

Zone code

C2 SHO

Property type

Retail properties

Property subtype

Retail space

APN

15-09-17-352-007

APU

150917352007

• CAP approach

  CAP return

  Valuation

  6%

  $7,438,924

  6.5%

  $6,866,700

  7%

  $6,376,221

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,735,323

  Geo Method

  $5,735,323

• Alternative Use

  Use

  Valuation

  Residential

  $5,792,318

  Hospitality

  $5,305,732

  Educational

  $4,414,307

  Medical

  $4,566,122

  Retail

  $6,866,700

Location Insight

City

Chesterfield

County

Macomb

State

Michigan

Latitude

42.6783

Longitude

-82.8335

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $1,206,000
• Tax year
  2022
• Tax bill
  $53,037

FAQs

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