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    48530 Gratiot Chesterfield, MI 48051

    Picture of Commercial land at Gratiot 48530, Chesterfield, MI
    For Sale
    $285,000

    Vacant Land - Chesterfield, MI

    Lot size:
    1.41 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 48530 Gratiot

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Professional Office,Commercial
    APN
    09-30-251-002
    Lot size
    1.41 Acres

    Building Details

    Architectural style
    Other

    Pilot Property Group, Inc. (586) 254-0900 [email protected]

    Listing agent Anthony Rubino (586) 254-0900 License #6502425251

    Listing date Oct 7, 2025

    MLS# 31376225 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Land on Gratiot Avenue

    This 1.41-acre vacant land parcel is located in Chesterfield, MI. Zoned for professional office and commercial use, it presents a potential opportunity for development, including a fast food pad. The site benefits from high visibility on Gratiot Avenue, a high-traffic road, and features 145 feet of frontage and a depth of 432 feet. All utilities are available. The property is located minutes from I-94 and Hall Road.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Macomb
    State
    Michigan
    Longitude
    -82.846207
    Latitude
    42.656371

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    FAQs

    What type of property is this?
    Commercial land - 1.41 acre commercial land with high visibility.
    Where is this commercial land located?
    The property is located at 48530 Gratiot Chesterfield, MI.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Excellent visibility on high traffic Gratiot.; - Potential fast food pad.; - 145ft frontage and 432ft depth.
    (586) 254-0900
    Request Owner's contact information
    48530 Gratiot Chesterfield, MI 48051
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    Chesterfield, MI 48051
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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
    48530 Gratiot Chesterfield, MI 48051
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