Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    48936 Gratiot New Baltimore, MI 48051

    For Sale
    $249,000

    Vacant Land - New Baltimore, MI

    Lot size:
    2.20 Acres
    Days on Market:
    183
    Last Refresh:
    Dec 8 at 7:06 pm

    Property Features for 48936 Gratiot

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    15-09-19-452-004
    Lot size
    2.20 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Kenneth Minne (586) 254-0900 License #6506045237

    Listing date Jun 9, 2025

    MLS# 50177651 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 commercial land offers approximately 625 feet of frontage on Gratiot Avenue. All utilities are available at the street. A traffic light is located at the intersection of Gratiot Avenue and 22 Mile Road. The property, totaling 2.2 acres, can be sold as one lot or divided into two approximately 2-acre lots.
    Property Profile Insight Report 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
    New Baltimore
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8325
    Latitude
    42.6875

    Nearby Similar for Sale

    • $450,000
      2,033 SF

      Turnkey Commercial Property in Chesterfield

      Renovated commercial property with expansion potential in Macomb County.
      32650 23 Mile Rd, Chesterfield, MI 48047
      View Details
    • $325,000
      9,300 SF

      Former Opera House/Church Opportunity

      Unique property with grand gathering, office, and living spaces.
      51028 Base St, New Baltimore, MI 48047
      View Details
    • $35,000
      22,432 SF

      Move-in Ready Salon in Chesterfield

      Fully equipped salon in a high-traffic location, ready for immediate operation.
      46558 Gratiot Ave, Chesterfield, MI 48051
      View Details
    • $495,000

      Adult-Use Provisioning Center For Sale

      Adult-Use Provisioning Center with license and leasehold rights for sale.
      Gratiot, Chesterfield, MI
      View Details
    • $49,999

      Carriage Way Park Home

      Home in Carriage Way Park with custom concrete driveway.
      29636 Cambridge Ct, New Baltimore, MI 48051
      View Details
    • $439,900

      High-Traffic Office Space on 23

      2,168 SF office space with excellent visibility and flexibility.
      34845 23 Mile Rd, New Baltimore, MI 48047
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available on Gratiot with utilities at street.
    Where is this commercial land located?
    The property is located at 48936 Gratiot New Baltimore, MI.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Approximately 625’ of frontage on Gratiot.; - This 4 acre lot can be sold as one or split into two lots (approx. 2 acres each).; - Benefit from the traffic light at Gratiot and 22 Mile Road.
    (586) 254-0900
    Request Owner's contact information
    48936 Gratiot New Baltimore, MI 48051
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    48936 Gratiot
    New Baltimore, MI 48051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    48936 Gratiot New Baltimore, MI 48051
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.