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    31450 23 Mile Rd Chesterfield, MI 48047

    Sponsored
    For Sale
    $293,000

    Vacant Land - Chesterfield, MI

    Lot size:
    5.27 Acres
    Days on Market:
    209
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 31450 23 Mile Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    Zoning
    Multi-Family,Residential
    APN
    0922101016
    Exterior features
    Sidewalks, Residential Structure On Property, Wooded
    Lot size
    5.27 Acres

    Building Details

    Architectural style
    Other

    COMMUNITY CHOICE REALTY INC. (248) 729-0011 [email protected]

    Listing agent Brandon Wroblewski (248) 729-0011

    Listing date Jun 11, 2025

    MLS# 20240041985 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chesterfield Vacant Land Opportunity

    This 5.27-acre parcel of land in Chesterfield, MI, presents an excellent development opportunity with potential for multiple options. The property is located in a popular area with convenient access to major amenities. It offers growth potential for an investment portfolio, an entry point into real estate investing, or the possibility of a large single-family parcel. The property's current zoning allows for multi-family units on the north end along 23 Mile Road frontage, and single-family residences on the south side, or a combination of both, plus ample parking. Rezoning may be possible with township and planning commission approval. A possible split into 4 or more large parcels may also be available. All utilities are available on the property. The existing home and garage on the property are considered to have no value. Intended use of the property includes multi family units and single family residences.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Macomb
    State
    Michigan
    Longitude
    -82.792274
    Latitude
    42.67313

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    FAQs

    What type of property is this?
    Residential land & home lot - 5.27 acres of land with development potential in Chesterfield, MI.
    Where is this residential land & home lot located?
    The property is located at 31450 23 Mile Rd Chesterfield, MI.
    What is the asking price?
    The asking price for this property is $293,000.
    What are key features of this property?
    This property features: - 5.27 acres of land with development potential.; - Zoning allows for multi-family units and single-family residences.; - Potential for rezoning and splitting into 4+ parcels.
    (586) 859-9091
    Request Owner's contact information
    31450 23 Mile Rd Chesterfield, MI 48047
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    Chesterfield, MI 48047
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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
    31450 23 Mile Rd Chesterfield, MI 48047
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