13537 GratiotDetroit, MI 48205

  • Retail properties
  • 3,800 SF
For Sale
$47,500 View listing

Property Details for 13537 Gratiot

Year built
1939
Lot size
0.09 AC
Property size (Sq ft)
3,800 SF
Zone code
B4
Property type
Retail properties
Property subtype
Retail space
APN
21029019.
APU
21029019

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,161,806
    6.5%
    $1,072,437
    7%
    $995,834
  • Comparable approach

    Method
    Valuation
    Relative Method
    $895,739
    Geo Method
    $895,739
  • Alternative Use

    Use
    Valuation
    Residential
    $904,640
    Hospitality
    $828,646
    Educational
    $689,424
    Medical
    $713,134
    Retail
    $1,072,437
13537 Gratiot, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.426
Longitude
-82.9841
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Tax year
    2023

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